Building Your Home Buying Skills

Roofing

Just like if your roof needs to be taken care of, you want to first consult a professional. Most people buying a home think they have to do it alone. There are many organizations and companies willing to help you if you take the first step. My goal is to educate the borrower and give them insight. I have been in the mortgage and finance business for about 5 years. I worked with one of the largest retail banks in the country. I then began to realize that there are so many people that want homes but do not have the resources to obtain financing. So I decided to do my part in educating and consulting. The mortgage business is an ever changing and A great way to add useful content to this newsletter growing field. Having a knowledgeable professional on your side lightens the stress. Mortgage brokers can offer you insight as well as many options in obtaining a mortgage. Real estate agents can offer you the same insight in finding a home and negotiating a contract. Mortgage brokers not only have more mortgage options they have a higher acceptance percentage than traditional banks. I have seen someone with a credit score as low as 580 get 100% financing. Keep in mind that 100% financing is for the loan amount. This means you may need money for closing costs. A lot of people think about government loans with 100% financing but fail to realize that many requires the borrower to bring in at least 3% to closing out of pocket. Unfortunately, I can’t go into great detail on every situation but I can give you the tools and resources and offer my services to you. I will say this again, buying a house is the most important investment you can make. Don’t cheat yourself but educate yourself so you can make the best possible choices and keep your roof from leaking.