Have you been pre qualified? When you begin your home search it is important for you to understand the price range that you will be qualified to purchase. It is also important to the seller when you find that perfect home and want them to consider your offfer. It is a simple process that can be handled with a phone call to one of our Home Mortgage Consultants. The basic questions will be regarding: income, assets, and current revolving debt.
* Typical down payment on a conventional loan is 20%.
* FHA can be as little as 3% for a qualified buyer and property.
* Yes there are programs available for first time buyers and our consultants will be happy to determine if you qualify for any
current programs.
* Interest rates remain low beginning around 5.25%.
We understand it can be confusing and sometimes a bit overwhelming, so we are here to eliminate the concerns and provide the facts.
If you would like a "No Obligation" phone call from one of our Home Mortgage Consultants please complete the information below.
