PBA Tip of the Day brought to you by Steve and Connie Moss with Future Financial 623-551-4734.
When considering the purchase of a new home the first step is to get pre-qualified. This will tell you exactly how much you qualify for, your payment, rate, and term. The pre-qualification step takes only a few hours and will save you a tremendous amount of time looking at homes priced above or below the amount for which you qualify. Additionally, if you are working with a real estate agent you will also need to show them you have already been pre-qualified. This makes looking for your new home an easier process.
When purchasing a home there are a variety of loan programs that are available. These different loan programs offer different rates, terms, and down payments. Some loan programs require no money down. Many individuals do not own a home simply because they don’t know how easy it can be. Often times you can own a home for less than you pay in rent.
Purchasing a home can be the biggest investment you may ever make. It only makes sense to explore all of your options and find the one that best suits your individual needs. Contact Steve and Connie today for more information.