09/28/2023
Ready to make the leap into homeownership? Asking the right mortgage questions can make the journey smoother and save you money! Here's what you should ask potential lenders:
π‘ How much down payment will I need? Find out if a lower down payment or even no down payment is possible for you.
π‘ Do I qualify for any down payment assistance programs? Explore loan programs that might lighten your upfront costs.
π‘ What is my interest rate? Understand the factors that determine your rate and any associated fees.
π‘ What is the annual percentage rate (APR)? Learn about the embedded fees in your loan and make wise comparisons.
π‘ Are you doing a hard credit check on me today? Know when a "hard inquiry" will impact your credit report.
Your dream home is closer than you think! A knowledgeable lending agent can guide you through these questions and more. Reach out, and let's take the first step toward your new home today! π β¨