Do you know what it takes to buy a home?
Most first-time homebuyers can be clueless of the process of purchasing their first home. Owning a home for the first time can be very exciting and scary all at the same time.
Research, research and research what community you want to live in. Drive around and get to know what's in your future community. Visit your future community at various times of the day and days of the week to check out nearby grocery stores, schools, retailers and restaurants that might be of interest.
What can you afford? Keeping a budget helps you prepare for what's in store for property taxes, homeowners insurance fees, repairs, utilities and don't forget maintenance.
Educating our homebuyers is a priority in helping them understand how to buy their forever home from start to finish with ease. We know how confusing it can be with calculating your potential downpayment, getting your credit ready and making sure you can afford the home you have your eye on.
Everything Revolves Around Timing
It’s never too soon to prepare for your dream home. With Gracie Morrow Mortgage Group we can assist you with planning for costs, time frames and even difficult decisions our professionals can guide you through.
The first step is to start saving money and the sooner the better. Once the process of purchasing your home time starts time seems to fly by. From finding a realtor, having your credit reviewed, calculating debt vs income, having your appraisal, home inspected and much more. Having Gracie Morrow Mortgage Group in your corner only makes the process smoother.
Explore Mortgage Options
Finding that perfect loan for you is just one of the most important decisions you'll make and one step closer to your dream home.
Convental Mortgages, are not guaranteed by the government. Some conventional loans targeted at first-time buyers require as little as 3% down.
FHA Loans, are insured by the Federal Housing Administration and allow down payments as low as 3.5%.
USDA Loans, are guaranteed by the U.S Department of Agriculture. They are for rural home buyers and usually require no down payment.
VA Loans, are guaranteed by the Department of Veterans Affairs. They are for current and veteran military service members and usually require no down payment.
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