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HOME BUYERS about LENDING
Learn the Truth About Lending Before It Is Too Late
Scroll Down and Click on Any Video for Free Home Buying Financial Information
(New Videos Added As Markets & Programs Change)
What Is a Credit Score & How Does Credit Work?
What Is the Home Buying Process?
Now that you have an idea how credit works let’s go thru the steps for the home buying process. First, you will want to have an initial consultation with a lender to get pre-qualified to know your budget.
The Home Loan Tool Kit is a downloadable PDF that walks you through the home financing process from A to Z.
7 Costly Homebuyer Mistakes
There are specific steps to follow in the homebuying process and doing them out of order or not being ready can lead to a stressful homebuying experience. There are some things you can do to help avoid mistakes.
How Much Home Can I Afford?
The Do’s and Dont's When Applying for a Mortgage
What Is Down Payment Assistance?
When preparing for Homeownership you will want to consider and educate yourself on all possible home buying options regarding financing. Down Payment Assistance loans can be extremely helpful and are locally based. These programs are used to assist First Time Home Buyers in attaining homeownership.
The Home Loan Tool Kit is a downloadable PDF that walks you through the home financing process from A to Z.
How Do I Qualify for A Down Payment Assistance Loan?
There are a lot of factors and different Down Payment Assistance loan options. You will want to confirm all options with a lender that you choose and make sure it is something they offer – if it is part of your homebuying strategy. There is typically a minimum credit score to qualify along with income and home specific guidelines.
What Loan Options Are Available Other Than Down Payment Assistance Loans?
Ok, so you have decided you are going to pursue financing options to become a homeowner and you have money saved so you do not necessarily need down payment assistance. How do you pick the best loan for your goals?
How Do I Make My Home Loan Payment as Affordable As Possible?
What is a Temporary Buydown?
Now that you understand financing how do you make your new home as affordable as possible?
How Do I Go About Buying a Second Home or Investment Property?
There are several strategies to buying another home, whether you are relocating, want to purchase a second home or buy an investment property you will want to select a lender that specializes in this type of financing to walk you thru the process.
What is a DSCR / Cash Flow Loan??
There are specific loans designed for investors to help you buy more property to add to your real estate portfolio. They can be easier to qualify for with less paperwork based on the property themselves.
What is a Bank Statement Loan??
There are loans that can be obtained based on cash flow for your business. If you are self-employed and are struggling to obtain standard financing choose a lender that works on bank statement loans to track your cash flow for income.