Choosing the right loan is just as important as choosing your home. Before you make an offer on a home, you need to talk to a lender. Setting yourself up for success with a little bit of preparation will take a lot of surprises out of the transaction. Once you have a pretty good idea of your priorities and budget, you are ready to start home shopping.
Interest rates are still low, but are expected to be at 6% by the end of the year. What does this mean to you, a first time buyer? It means less spending power for you.
Not all home loans are the same. Three key choices are the loan term, the interest rate, and the type of loan. The most common loan programs is FHA, VA, Conventional, USDA and THDA.
I have a team of excellent lenders that I can refer to you. I look forward to working with you.
If you have any questions, I am always a phone call, text or email away.