You've decided you wish to buy a home; here you will learn more about the buying process such as:
Types of Loans Available:
1. Adjustable Rate Mortgage could be a 5 or 7-year ARM
2. 15 Year Fixed - could be a secure, low-rate mortgage with a smaller interest rate.
3. 30-Year Fixed - is fixed-rate with a fixed low payment.
Get a secure, low-rate mortgage, and pay the smallest interest rate possible
An FHA home loan makes qualifying for your new mortgage easier than ever.
You may be able to get a loan with as little as 3.5% down.
We are pleased to offer veterans a chance to refinance or buy their homes, even with zero down for home purchases.
A great financial tool for homeowners 62 years and older giving you a chance to eliminate your monthly mortgage payment and get cash when you need it.
Gives homeowners who owe more than their home is worth an opportunity to refinance.
Type of Home
1. Acquaint yourself with the neighborhood and what is going on there. Visit the Police and Fire Stations. Note how well-kept the neighborhood is. Do you see people working around their homes?
2. Be sure to visit the neighbor on different days (weekday and on a weekend) to see what the difference may be.
3. Acquaint yourselves with the school district; search the websites for school ratings / scores. Be sure to visit the schools and schedule meetings with the teachers to get an idea of how they are run.
4. Think about how far you are willing to commute to work. Can you still drive or will it be better to take a train?
5. Decide what your wants and needs are in a home or condo. Then try and find a home that comes closest to those you've chosen. Create a pro and con list.
6. Be sure to talk to a financial institution first to determine just how much home you can afford. But remember to take into consideration that things in a home (whether old or new) will break or need to be replaced so do not overbuy.
In addition, you can always update or upgrade at a later date if a home has the space you require.
7. Do not overlook the taxes when deciding on a home for they will remain constant and may even go up over time. In addition, take into consideration you will have to pay montly home owner association fees when buying a condo or townhome
• First get rid of useless items
• Pack essential items to take to new home (toiletries, personal items) so you'll have on hand when your larger items/boxes are moved in