Common Home Buyer Questions
Am I ready to buy a home?
Before visiting open houses, it’s a good idea to first get pre-approved for a mortgage. During the pre-approval process you’ll find out which mortgage programs you qualify for, how much you can borrower and your estimated monthly payment. Once your pre-approved for a home loan, you’ll be ready to submit offers on homes within your price range and budget. Create a GOM account and begin the approval process
What kind of Home Loan should I get?
Selecting the right home loan type depends on your home-ownership goals. If your looking to stay in your home for awhile, a 30 year fixed rate mortgage can provide the security of a low consistent monthly payment over time. Getting a mortgage may seem complicated. Our mortgage experts are here to help!
How much house can I afford?
Your household income, credit score, debts and interest rates can all play a part in determining how much you qualify for. As a homeowner they’re also property expenses to consider such as homeowners insurance, property taxes and any HOA or Condo dues. Try an amortization calculator to estimate a mortgage payment over time.
Do I qualify for Home Buyer Assistance?
They’re many Grants & Programs out their for eligible home buyers. These home buyer assistance programs are designed to help buyers cover the cost of their down payment and closing costs. Depending on your eligibility, you may be eligible for up to $10,000 in home buyer assistance. Find out if you qualify for assistance!