Buying a brand new home is a major investment. Whether it's your first home purchase or your next home, you will probably need to finance your purchase with a mortgage. Our representatives can sit down with you to discuss mortgages; you will be pleasantly surprised at the choices and lending options available to you.
Home buyers' financing needs have changed, and so have mortgage options. Today's mortgages can easily be adapted to fit each individual home buyer's lifestyle and priorities.
Find out what you can afford before you start looking at homes. Realtors encourage you to get pre-approval for a mortgage loan, so that you will know the amount you are qualified to borrow, the interest rate you will be charged and the payment amounts. That way, you know exactly what you can afford and can negotiate arrangements with your builder or seller in full confidence. Most pre-approvals are guaranteed for a minimum of 90 days, and sometimes longer if requested.
Concerned about the down payment for your home purchase? This is not necessarily a problem. Today, residents can buy with as little as no money down. If you provide a down payment, you may qualify for a better lending program or interest rate.
"Circumstances could change in the future. How do I avoid being stuck with the wrong mortgage?" Lenders know that change is normal. That's why the flexibility of today's mortgages is so important. Make sure you express to your Lender your plans for the future; this information will help them customize a loan program for you.
Your relationship with your lender should be based on confidence and personal comfort. You want to obtain your mortgage from someone who clearly knows the mortgage business. Someone who takes the time to understand your needs and can answer all your questions, and who is committed to helping you during all stages of your mortgage application until you move into your new home.
Local Discounts Available: Maryland
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