Steps to Take –
The following are some great tips to review and see that you are ready for your “Dream Home.” These 10 Steps to Financing Dream Home incorporate all the various steps you need to take to know the numbers, know how much home you can realistically afford, know your options and know the processes you are about to step into.
Get Your Finances In Order
The first time you think about becoming a homeowner is the moment you should start financial planning. Read more »
Crunch Your Cash Numbers
To start the home-buying process, you need to figure out where you will get the cash you need to move from renter to owner. Read more »
Check Your Credit (and Repair if Needed)
Lenders will carefully check your credit and will rarely approve a loan for someone with seriously bad credit. Read more »
Know Your Purchasing Power With a Pre-Approval
When you’re armed with the knowledge of what you can afford, it allows you to make a move when you find a home you love. Read more »
Understand Your Monthly Mortgage Payment
Unless you are paying cash for your home, you will have a mortgage payment. There are typically four parts to this monthly mortgage payment. Read more »
Learn About Your Loan Options
A smart home purchase begins with knowing the types of loans available and how they fit with your particular financial plan. Read more »
Make a Fair Offer
Your purchase offer will become a binding sales contract. The offer should contain every element needed to serve as a blueprint for the final sale. Read more »
Secure a Home Loan
Between signing a contract and finally getting your keys, follow through to make sure the loan process flows smoothly. Read more »
Get Insured
You never know when you’ll need it, but you must have it. Find out more about your home insurance options. Read more »