Purchasing a New
Home
Our philosophy is to not
only build loans but build relationships, and help guide
you through the steps
necessary to achieve a successful Real Estate Transactionâ€
Step 1: Get Your
Finances in Order
Your credit reports
are an ongoing look at how you manage your finances. You must
know exactly what
your credit reports say about your financial history before you
apply for a
mortgage, because the reports play an important role in the
mortgage approval
process and in determining the interest rate and other loan terms
that a lender offers
you.
If you haven't
looked at your credit reports, you might be surprised at their contents,
because errors are
common.
Step 2: Get Familiar
with the Mortgage Industry
Finding the right
loan is crucial to your home buying success. We. can help you
understand what is
available to suit your needs. Their help and expertise will help
you make an informed
decision and they will guide you throughout the entire process
Step 3: Get
Pre-Approved for a Mortgage
Do you know how much
house you can afford? Probably not !
Our Pre-approval
gives you that competitive edge over other house hunters. Consider
this scenario. A
home seller gets two similar offers. One is accompanied by a letter
from us that states
she is pre-approved for a mortgage in the amount of the offer.
The other has no
supporting documents. Which offer do you think the seller will
consider first?
Step 4: Determine
Your Wants and Needs
Buying a home isn't
as difficult as you might think, even if you're short on funds,
but the process will
go a lot smoother if you let us help you get familiar with
your real estate
market and narrow down your wants and needs before you start looking
at houses.
Step 5: Learn to
Work with Real Estate Agents
Real estate agents
represent buyers, sellers, or both--and in some states they can
work as neutral
facilitators for either party. It's essential to understand agent
duties and loyalties
before you make that first phone call.