Financial Fundamentals for Homebuyers

June 25, 2021

 

Save for Your Down Payment

Contrary to common belief, your down payment could be substantially less than 20%. Start saving now-you might be closer than you think!

 

Build Your Credit

Your credit score is one element that helps determine which home loan you’ll qualify for in the application process. It also impacts your mortgage interest rate, so a higher score could lead to a lower monthly payment.

 

Get Pre-Approved

A pre-approval letter lets you know how much money you can borrow and helps you determine how much home you can afford. It also shows the sellers that you are a serious buyer and gives you a competitive edge in a bidding war. Our loan officers here at Tabor Mortgage Group can walk you through the process and help you choose the best loan option for you & your financial situation.

 

Connect with a Trusted Agent

Real estate professionals help you make strong decisions throughout the homebuying process. They know the market and can guide you toward a sound investment.