One of the many advantages of working with Bob and Laurie Pew is that we can answer your questions and help you with all of the paperwork. Below you’ll find some great information, but if you ever have any questions, just ask us!

Securing financing for the purchase of your home can be one of the most complex parts of the process. Here are some tips for making that process just a little easier.

Get Pre-Approved
Talk to a banker or mortgage broker to find out which type of loan might be best for you, and then provide the necessary information to secure pre-qualification. Buyers who are pre-qualified are in a much better position to negotiate with a seller, and also don’t waste time looking at houses out of their price range. Information you may need to provide.

Check Out Current Mortgage Rates
By going online, you’ll find lots of places where you can check the most current mortgage interest rates. Here’s one source!

Things to Keep in Mind
In addition to examining your credit report for errors and gathering all of the necessary documentation, here are some additional tips to help you with financing your home.

Don’t Be Afraid, but Definitely Be AWARE
As you’re well aware, there are unscrupulous lenders out there willing to lend you more money than you can repay, possibly resulting in a serious financial crisis. Check out these signs of predatory lending. If in doubt, just ask your agent, and they can recommend top-notch lenders.

Brush Up on Financial Terminology
Securing financing can be one of the most challenging parts of buying your home, often because there’s so much jargon to wade through. Here’s a list of terms and what they mean, so you can be sure you understand everything you need to know.