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I Can Never Thank You Enough!
"Thank you all so much for all the help and support in helping us find and purchase our new home. You guys made our transition/move much smoother, everytime we called everyone was so helpful and friendly. We are really enjoying our new home, if in the neighborhood, stop in, by the end of the week we should be done painting the outside, we of course think it looks great-come take a look!! We've been telling everyone what a great team you guys have-we'll definitely send referrals!! "
Larry and Linda Keenan
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Financing Your Home >Happy Banking
When you have found the perfect home, the search for the perfect loan begins. There are other factors you should consider besides the interest rate and loan fees when you are shopping for a loan. One important issue is the lender's general reputation.
A professional real estate agent can provide you with the names of several mortgage lenders and can help you compare their programs. Some lenders may have great rates, but may have very conservative standards for qualifying customers. Others may be more willing to consider people who are marginally qualified or have less-than-perfect credit histories. Some lenders have local underwriters and can process loans quickly, while others may need extra time to process paperwork. The ordinary consumer deals with only a few mortgage lenders over a lifetime, but real estate agents deal with many lenders every month. Ask your agent to help you match your individual needs to the many offerings in this complicated marketplace.
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What economic factor can make the purchase of a home an excellent long-term investment?
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| A |
Home price appreciation can result in a substantial return on the buyer's investment as a house increases in value over time. |
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