It's very important to know where to start the process of purchasing a home and it's critical that your starting point be a professional evaluation of your personal situation by a mortgage professional. First time home buyer help is available to you.
This can be in the form of
a FREE PRE-APPROVAL analysis done after you provide your income and asset
information. You may be a perfect buyer now and ready to hit the pavement and
shop for a home OR you may need assistance and coaching to get you ready,
either way it's important not to skip this step or analysis.
Why you might ask;
1. You want to be certain in the ever changing mortgage market you meet all the guidelines and most importantly know how much of a loan you can qualify for with your current income.
2. Most Realtors won't take you out shopping until you have been Pre-Approved and have a letter from a lender or bank stating the amount you are approved to purchase.
3. You can also determine what type of loan best fits your situation, FHA, VA, USDA or conventional. Some of these factors can make your offer more presentable to a seller as well.
4. If you are competing with other buyers on the same property listing, having a Pre-Approval letter will help strengthen your offer because by having this done you are telling the seller and their agent you have been responsible and have completed this in advance. Certainly more desirable then someone who has not gone through the pre-approval process. You don't want to be the buyer who puts in an offer that is accepted just to find out later while in escrow and under contact you don't qualify. Trust me when I tell you NO one will be happy with you.
Why you might ask;
1. You want to be certain in the ever changing mortgage market you meet all the guidelines and most importantly know how much of a loan you can qualify for with your current income.
2. Most Realtors won't take you out shopping until you have been Pre-Approved and have a letter from a lender or bank stating the amount you are approved to purchase.
3. You can also determine what type of loan best fits your situation, FHA, VA, USDA or conventional. Some of these factors can make your offer more presentable to a seller as well.
4. If you are competing with other buyers on the same property listing, having a Pre-Approval letter will help strengthen your offer because by having this done you are telling the seller and their agent you have been responsible and have completed this in advance. Certainly more desirable then someone who has not gone through the pre-approval process. You don't want to be the buyer who puts in an offer that is accepted just to find out later while in escrow and under contact you don't qualify. Trust me when I tell you NO one will be happy with you.
Another first time home buyer help
available to you FREE is coaching.
Everyone needs a little help now and again. Why not the first time home buyer? The Path2Buy Coaching program is a great program that is FREE to the buyer. As a Certified Path2Buy Coach, I will work with you for one month or 5 years however long it takes for you to reach your goal of homeownership. I'll be here to answer any questions and to prepare you to purchase your first home.
The first thing you will
want to do is register for an 18 minute Path2Buy webinar. This webinar will
give you an overview of the program and I will contact you after you have
attended to start your personal analysis if you chose to participate in the
program. You are under NO obligation and again it's FREE to you.
You will be asked who
referred you please fill in my name. I hope to talk to you soon.
Thank you
Roxy Redenbaugh
ACMC Loan Consultant
Certified Path2Buy Coach
Branch Manager
NMLS #269926
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