Due to the rapid growth of the mortgage industry sector, mortgage brokers have become the go-to resource, especially for many First-Time Homebuyers.
Buying a home is an exciting time! You're about to take a big step so you'll definitely need some advice from a mortgage professional. We'll give you the facts your bank won't tell you about financing your next purchase.
With access to multiple lenders, we'll help you find the best rates and best mortgage options to help you buy your dream home. Our best advice? Begin a conversation with a mortgage professional in your area.
Tips For First-Time Homebuyers
(to help you get off on the right foot in your home buying journey)
- Determine The Budget (Determine what you can afford before you start shopping for a home – and long before you consider putting an offer on one – build a realistic budget)
- Get Expert Advice (Work with a mortgage broker to sort through all of the mortgage options and get the right combination of mortgage features, privileges, and rate that is best matched to your needs. The right mortgage goes beyond just the rate--it’s important to also consider the term, prepayment options, refinancing penalties, restrictions, and fees)
- Plan For Closing Costs (There are additional costs associated with buying a home – lawyer fees, reimbursements, appraisal, etc. – so you’ll need to have some extra funds set aside to cover these costs. Ask your mortgage professional to clarify them! Not a first-time buyer? No problem. It’s never too late to “start smart” on your financial future!