Sunday, January 5, 2014

The Home Financing Process Step by Step

So you are thinking of buying a house.  This is a big decision.  You want to get it right.  Lets break it down step by step into digestible pieces. 

Here are the main topics we will go over:
1) understanding and comparing the basic loan types and which is best for you.
2) understanding the costs involved in financing a home and the options to reduce those costs
3) understanding how credit has a large influence on the terms available to you and techniques you can employ now to get your credit as mortgage ready as possible
4) understanding the difference between prequalified and preapproved
5) tools to help you figure this out all on your own
6) the opportunity to work with a professional to determine your own qualifications.

There's so much to know!  www.nhmortgages.com is a good resource for basic info.
Please feel free to email me with specific questions; I love to chat about mortgages!
email: Blog@NHmortgages.com


Author: Renee Duval – A Certified Mortgage Professional (CMP) with the NH Mortgage Bankers & Brokers Association.  NMLS# 97937.  Merrimack Mortgage Company is an Equal Housing Lender, Licensed by Massachusetts and the NH Banking Department . Mass Lender MC2561-119