Financing
Thinking about your financing now, can pay off big later ...
The best time to begin thinking about financing your new home is well before you begin looking for one. For most home buyers, there's a lot to think about! Finding the best financing for your home can combine many different factors. For example, the typical considerations are: the price of your new home, current interest rates, the down payment you want to make, the length of mortgage, different sources of financing, and your credit history.
These are common factors but sometimes financing considerations also include things like mortgage insurance, title insurance, bridge loans, or other financial instruments. Sounds intimidating?
Not to worry. It's actually simpler than it sounds and we stand ready to guide you through the entire process. To begin with, let's get you in touch with a lender to see where you stand - armed with this information we'll be able to negotiate the best deal suited to your needs.
The best time to begin thinking about financing your new home is well before you begin looking for one. For most home buyers, there's a lot to think about! Finding the best financing for your home can combine many different factors. For example, the typical considerations are: the price of your new home, current interest rates, the down payment you want to make, the length of mortgage, different sources of financing, and your credit history.
These are common factors but sometimes financing considerations also include things like mortgage insurance, title insurance, bridge loans, or other financial instruments. Sounds intimidating?
Not to worry. It's actually simpler than it sounds and we stand ready to guide you through the entire process. To begin with, let's get you in touch with a lender to see where you stand - armed with this information we'll be able to negotiate the best deal suited to your needs.
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How Much Home Can I Afford?
Lending guidelines change frequently, but they generally adhere to a debt to income ratio and take your credit standing into consideration. Why Get Pre-qualified? With lending guidelines changing so frequently, the only way to really know what a bank will lend you is to talk with a lender. I recommend talking to a few when you really start shopping for a loan, but if you're just getting started you just need to know what you can afford. If you're serious about buying a house, now is the time to get this information! Here are some reasons why this is a good idea:
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zanegerringer
and associates | REALTORS® of Allen Tate Realtors Direct: 336.675.5597 |
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*Any calculators featured on this website are for informational purposes only and should not be used for accuracy. Always talk to your lender for specifics on different loan programs.
