Below are some of the common questions First Time Homebuyers have. Once you have answers to all your questions, click on the Get Pre-Qualified button to find out the best mortgage loan for you!
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What are the Benefits of Home Ownership? Answer |
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What can I afford to buy? Answer |
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How can I qualify for MORE home? Answer |
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Do I have enough money to buy my first home? Answer |
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What about my less-than-perfect credit report? Answer |
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What's the best loan program for me? Answer |
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What is a free pre-qualification letter? Answer |
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What are the tax benefits to owning a home? Answer |
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What do I need to know about the mortgage loan process? Answer |
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What can I expect after I become a homeowner? Answer |
What are the Benefits
of Home Ownership? |
Home ownership is often called the "American Dream" because of the pride that comes with owning a place you can personalize and call your own. However, beyond these intangible benefits, it is important to consider the following benefits when determining whether to rent or buy, including Building Equity, Tax Benefits, a Solid Investment. For more information, click here. |
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| What can I afford to buy? |
Each buyer is unique — and we'll help you find out just what you can afford. Your income and debts, credit, down payment, and choice of mortgage can all play a role in determining your price range. Don’t worry – we’ll help! |
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How can I qualify for
MORE home? |
With a Flex-Pay loan, homebuyers choose their monthly payment and either qualify for more home, or have more cash in reserve for investment, paying down higher-cost debt, or making home improvements. For more information, click here. |
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Do I have enough money
to buy my first home? |
We offer a range of mortgage programs, and we'll help you determine which can work for you — some of our loans require little money down. You'll also need to consider closing costs and the escrow account for taxes and insurance. But don't get overwhelmed – remember, we’re here to walk you through it. |
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What about my
less-than-perfect
credit report? |
Our special solutions program can help:
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What's the best loan
program for me? |
That depends on a number of factors, including:
For information on the loan programs and rates available, just visit Loan Programs. |
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| What is a free pre-qualification letter? |
A pre-qualification letter is a statement that you are qualified to service a specific amount of debt. It merely requires that you provide some general information about your income and debt levels. There is little or no confirmation of the information.
Saving time is a great advantage of being pre-qualified. Once you have a pre-qualification letter, you will know your price range and affordable mortgage payments. Then you can concentrate on finding the right home! |
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What are the tax benefits
to owning a home? |
You may be able to deduct the interest you pay on the mortgage loan and some of the financing costs of the home, such as points. And your property taxes could be deductible. You should consult your tax advisor for more information. |
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What do I need to
know about the
mortgage loan process? |
Just this — you've come to the right place for a loan process that's fast and easy. We've worked to simplify the process and provide the best loan experience anywhere, online or off. Too good to be true? Not at all. Once you are pre-qualified, you’ll have an idea what you can afford to buy. Then we can take the next step to obtain you a full lender approval, which will require a few more documents and verifications. |
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| What can I expect after I become a homeowner? |
Besides unpacking boxes? You can expect that we'll continue to provide first-rate support and service. Go online anytime to monitor your loan activity, like principal, escrow, and taxes. And of course, we're always here to help: contact us by email or by phone. |
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