03/13/2023
What's your "go-to" tool in your tool bag? For the last 15 years, most homeowners have used a traditional 30-year mortgage to purchase their homes. But that may not be the best tool to use right now. If you try to use a hammer to screw on a part, it just doesn't work. As you know, you need a different tool based on different situations.
If you've tried to buy a home and only looked at a traditional 30-year, fixed-rate conventional mortgage and it didn't "work" for you, you may just need a different tool! There are A LOT of options out there to help you buy a home regardless of the interest rate - temporary rate buydowns, permanent rate buydowns, down payment assistance programs, seller concessions... just to name a few.
If you need to buy a home this year, here is my best advice: Use a mortgage advisor that will help you go through all the "tools" until they find the best one for your situation.
I'm here to work for you and always happy to help!
