WHAT IS FINACNING?
What is financing? We get this question all the time and it's a good one. When you're buying a home financing isn't simply having enough money for a down payment. there are inspection costs, closing costs (all the fees associated with closing the deal on your home) and other expenses. Using our 5 step financing checklist can help you to better understand everything that goes into qualifying and obtaining the best financing possible.
- Know your credit score - work on it if necessary
- Decide on your budget - don't make yourself "house poor"
- Figure out where your down payment and closing cost monies are coming from
- Understand your mortgage options
- Choose a lender
- Get pre-qualified or pre-approved. This makes you a stronger candidate when making an offer on a home.
We work closely with several fantastic local lenders that will make sure you understand the process every step of the way. If you would like to know more please fill out the form and we'd be glad to talk with you.