BUY A HOME
ALLOW ME TO HELP YOU PURCHASE YOUR DREAM HOME TODAY
Financing a home is one of the biggest commitments you will ever make - let us help guide you through the entire loan process from application to closing and beyond. We welcome any and all questions and want you to feel 100% comfortable every step of the way.
I look forward to finding the right loan with great rates, terms and costs to meet your specific needs.
WHAT TYPE OF HOME ARE YOU LOOKING TO PURCHASE?
5 THINGS EVERY HOME BUYER SHOULD CONSIDER
Does it make sense to invest in real estate or continue to rent? For your next move, it’s important to consider how long you will be living there. There are several benefits to owning vs renting but if you know you’ll be in the home for less than a year, it might not be worth the cost and hassle to sell in such a short time period.
We put the goals and needs of our clients first and we’re always happy to go through a cost/benefit analysis and help give you the tools to make the big decision.
When starting the home search, the sooner you can become pre-approved, the better. My team and I are professionals at finding solutions for all scenarios but some solutions take longer than others and the faster we can start the clock, the sooner we can have you ready to buy a home.
A big fear consumers have is the commitment to pulling credit. The truth is, inquiries only make up 10% of your credit score and they typically wash out within 90 to 120 days.
If your credit score needs a little love, your savings goals need to be adjusted or you need to change something with your employment, start now!
There are many myths out there regarding the initial investment, or down payment needed to purchase a home. Well, I’m here to debunk them!
No…you don’t NEED 20% down to buy a home.
We have several low/no down payment loans** to help you achieve your goal of building real estate wealth faster. Aside from the down payment, other costs you should be prepared for are the standard closing costs and any pre-paid items.
The good news? These fees vary from transaction to transaction and there are ways to finance these supplementary costs as well as negotiate for the seller to pay them.
It is important to get pre-approved and determine what your monthly payment will be so you can set realistic expectations before falling in love with a home.
As consumers, we have a habit of making big decisions, like buying real estate, based on how we feel rather than if the purchase makes the most financial sense. A mistake you will want to avoid is falling in love with a house and subsequently convincing yourself to take on a payment that you can't afford.
Our team will work with you to carefully review the monthly budget to ensure we are getting you in a mortgage you are comfortable with.
What do I do if an emergency comes up or something major breaks in the house?
It’s important to have adequate coverage on your house so that a rainy day doesn’t set you too far back. It’s important to pick the best insurance company possible to make sure you’re not only well covered, but that they are available 24/7.
It’s also important to consider buying and renewing a solid home warranty to cover major appliances. Home warranties typically cover things like washers, dryers, pools, AC units and more. They can always be purchased and it’s important that they are renewed yearly.
*Debt-To-Income (DTI) ratio is monthly income debt/expenses divided by gross monthly income. **This advertisement does not constitute tax advice. Please consult a tax advisor regarding your specific situation.***Pre-approval is based on a preliminary review of credit information provided to Fairway Independent Mortgage Corporation which has not been reviewed by Underwriting. Final loan approval is subject to a full Underwriting review of support documentation including, but not limited to, applicants’ creditworthiness, assets, and income information, and a satisfactory appraisal. ****VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit standards, and property limits. Fairway is not affiliated with any government agencies. These materials are not from VA, HUD or FHA, and were not approved by VA, HUD or FHA, or any other government agency