sending...LOOKING FOR A HOME?
What’s the Right Home For You?
Before you buy, think about your lifestyle, your current and anticipated housing needs and your budget. It’s a good idea to create a prioritized list of features you want in your home. We have a checklist that can help you get your priorities organized. Ask for your free guide today.
How Much Can You Afford? – Calculate Mortgage Cost
Now that you know what you’re looking for, the next step is figuring out what type of home you can afford. A review of your income, savings, monthly expenses, and debt will be necessary. Talking to a mortgage broker before you look at houses saves time and gets any offers you make taken seriously.
BEFORE YOU BUY
Know Your Neighborhood
Buying a home, is buying into a community.
You’ll spend a significant amount of time and money supporting the schools, community organizations and commercial centers in the surrounding areas. Before you make the final decision, take a good look at the location and make sure it fits your needs
CURRENT HOME
What If You Already Have a Home?
Buying and Selling at the same time can be hardWhat if you’re unable to perfectly time the sale of one house with the purchase of another? You may own no houses for a time, in which case you’ll need money in the bank and a temporary place to live. Or, you may own two houses at once
Another option is a no-ratio mortgage. A no-ratio mortgage is usually made based on the buyer’s down payment, credit scores or assets. Income isn’t used or reported, and therefore will not exclude a borrower from receiving this mortgage.
