Owning a home involves more than just paying the mortgage—property taxes, homeowners’ insurance, and ongoing maintenance are all part of the package. These costs can add up, so it’s essential to budget for them carefully to ensure you’re prepared for both the predictable and unexpected expenses of homeownership. By understanding and planning for these ongoing costs, you can maintain your home’s value, protect your investment, and enjoy the many benefits of being a homeowner.
Contact Us to schedule a time to discuss your loan options.
Mortgage pre-approval is a process where your loan originator evaluates your financial situation, including your credit score, income, assets, and debts, to determine how much a wholesale lender is willing to lend you for a home purchase. Unlike pre-qualification, which is an informal estimate of what you might be able to borrow, pre-approval involves a thorough review of your financials and results in a formal letter stating the loan amount for which you qualify.
Step 4: Finalize and Close
The big day is here. You'll sign on the dotted line and officially become the owner of your new home (or receive the benefits of your new refinance loan). We'll tell you all about what to expect in the days leading up to closing. All you need to think about now is how you'll celebrate.