Looking for a mortgage lender?
When you’re buying a home — since this purchase is going to stick with you for quite some time — it’s worth spending a little extra effort to find a mortgage lender that offers good rates and will be easy to work with.
Here are some tips…
Check Your Credit Score — Your credit score is the biggest factor determining what rate you’ll be able to get on your mortgage and which types of loans you’ll be able to secure. So the first step is to check your credit score. Higher is better!
Set Your Budget — Before working on finding a mortgage lender, determine what your budget is for a monthly mortgage payment. That’ll help you go in with realistic expectations as to what you can afford.
Understand Your Options — Most homebuyers think there’s only one option for getting a home loan; to pay 20% down to a bank for a decent rate. But that’s not the case anymore. There are a lot of different options. Some of which require only a 3% down payment or no down payment at all! So shop around and ask about all of the options available to you.
Compare Rates — Finally, compare rates. Don’t go with the first mortgage lender you find unless they have the best rates among other lenders. The rate you get will have a big impact on how much you pay every month while you own the home!
Hope that helps!
And if you need to sell your home fast for cash, give us a call at (614) 756-6497. We’ve been working in Columbus for quite some time… we can make you a fair cash offer, purchase in as-is condition, and close in as little as two weeks!
Thanks for taking the time to check out our website. We are local Columbus residents that focus on buying properties off-market (with no commissions) for cash. We are not “flippers” or “investors” looking to pay pennies on the dollar. We are local Buckeyes with families and we focus on buying rental properties. This allows us to make fair market value offers based on comparable sales and needed repairs. We are a small, but mighty team that thrives on helping others and works toward a common goal that provides a positive outcome for everyone.