Homeownership

Want to Buy a Home? Here’s How To Start.

So many of us browse the internet on a regular basis looking at homes for sale in our area.

It’s easy to get swept up in the beautiful pictures of interiors, the possibility of more square footage and shiny upgrades a new house can offer – but for most, that’s usually where the daydream ends. It’s hard to actually pull the trigger and get started on the process of buying a new home if you don’t know where to even begin. Not to worry, you are not alone. Most Americans have little to no knowledge of what rates currently look like, the correct price range for them, how much money they should put down and what programs they can qualify for. Luckily, it’s not your job to figure all that out on your own…it’s a process mortgage professionals work “hand-in-hand” with you on. Here are 3 pieces of advice to help get you out of your daydream and into your dream home…

“It’s easy to get swept up in the beautiful pictures of interiors, the possibility of more square footage and shiny upgrades a new house can offer – but for most, that’s usually where the daydream ends.”

You can (and should) apply for a loan before finding a property

Applying for a mortgage loan before you find a home may be the best thing you can do! If you apply for your mortgage now, we’ll issue an approval subject to you finding the perfect home. We’ll issue a pre-qualification letter online instantly. You can use the pre-qualification letter to assure real estate brokers and sellers that you are a qualified buyer. Having a pre-qualification for a mortgage may give more weight to any offer to purchase that you make.

The Mortgage Application is Less Painful Thank You Think.

You can fill out your application online, and it usually takes less than 20 minutes to complete. You can expect questions mostly about your finances and employment. As soon as you’ve finished the application, we’ll review your request for instant approval. A Loan Officer will contact you to introduce himself or herself and to answer any questions you may have. Your Loan Officer is a mortgage expert and will provide help and guidance along the way. If your request wasn’t approved online, he or she will ask you for any additional information required to make a decision about your loan.

There Are So Many Loan Programs, and You Should Explore Them

No one expects you to know the ins and outs of each loan program, and much less which one would offer you the most competitive rates and comfortable payment. Our seasoned Loan Officers will use their knowledge of our extensive list of products and give you a few different options to choose from. You may qualify for a program with low to no down payment options or it may work better for you to put more money down and lower your monthly payment. No matter what your circumstance, we can find the perfect fit for your unique situation.

Ask Questions!

This is YOUR transaction, so you have every right to ask any and all questions you may have at any time during the process. It can get confusing at times and there are no stupid questions when it comes to making one of the biggest financial decisions of your life.

We know that purchasing a home is one of the biggest decisions you’ll ever make, so we want you to be as confident as possible with every step of the process. Keep in mind the three key pieces of information mentioned above to help you smoothly transition from homeownership being a distant thought to an exciting reality. Our Loan Officers are standing by whenever you are ready to take the next step.