Buyer Tip of the Week
Secure financing
While you may find the thought of home ownership thrilling, the thought of taking on a mortgage may be downright chilling. Many first-time buyers start out confused about the process or nervous about making such a large financial commitment.
From start to finish, you will follow a six-step, easy-to-understand process to securing the financing for your first home.
Six steps to Financing a Home
- Choose a loan officer (or mortgage specialist).
- Make a loan application and get preapproved.
- Determine what you want to pay and select a loan option.
- Submit to the lender an accepted purchase offer contract.
- Get an appraisal and title commitment.
- Obtain funding at closing.
If you are looking for a qualified mortgage expert ask your friends and family for referrals. I suggest that my clients talk to 2 or 3 mortgage experts before making a choice. Fee's and financing options my differ. If you need the name of a local expert just give me a call at 763-245-3262.
