Thinking about buying a home? The first stop should be setting up a meeting to get preapproved. In our meeting, we will review your information, assess goals for a down payment, monthly house payment, and more. Together we will determine your loan options and which loan program could work best for you. With a pre-approval you will receive a letter to take with you.
Getting a pre-approval letter for your mortgage loan will not only give you the ability to shop for your new home with confidence but it may give you a competitive advantage when making a bid or offer on a home.
The pre-approval letter we provide you allows the Real Estate Agents and the sellers to accept your offer with confidence knowing you have already taken the first step towards mortgage financing.
A pre-approval letter is not binding on the lender; it is subject to an appraisal of the home and certain other conditions. If your financial situation changes (e.g. you lose your job), interest rates rise or a specified expiration date passes, we will need to review your situation and recalculate your pre-approved mortgage amount.
Rates have been a hot topic for the last few years. As they plummeted into the low 3’s when COVID hit and then essentially double in 2022 when the country experienced huge inflation numbers. This will not be a boring presentation about rates. We are going to touch on what’s going on overall with rates. However, the main purpose of this event is to show you how a rate is determined for an induvial buyer. We will talk about things buyers can do to help improve the rate they are being offered. We will talk about programs that have very attractive rates and discuss things sellers can do to help lower the rate for a buyer. A lower rate equals more buying power for a home buyer and everything we cover will help agents sell more homes in 2023. The market is back to normal and it’s still a great time to buy.
Here is a list of some of the things we will cover during the event:Visit Jeremy's Blog