Loan Options

If you know what to expect – and you have a trusted team of real estate and a mortgage lending
professional to guide you – finding and financing your first home can be an
exciting and rewarding experience.

Here’s what you need to know:

Obtain A Mortgage Preapproval Decision Before
You Begin House Hunting
• Learn how much financing is available to you and what price you are comfortable with
• Strengthen your bargaining position with sellers

Choose a Real Estate Agent
• Select a reputable professional who knows the
market and will listen to your needs
• Ask a mortgage professional for a trusted referral

Find the Right Home
• Determine the needs of you and your family
• Create a wish list of desirable features
• Take notes as you preview homes

Make an Offer
• Your real estate agent presents your offer to the
seller, who will accept, counter or reject it
• When the price is settled, you and the seller sign
a Purchase Agreement, defining the terms of
the sale

Have the Home Inspected
• Hire a professional home inspector after the offer
has been accepted to provide an in-depth look at
the basic systems of the house, to reveal any
safety hazards and give you a chance to reconsider
the deal. Typically, a Realtor will have someone who can be trusted

The Home Will Be Appraised
• An appraisal, required by your mortgage lender,
is a formal, written estimate of the home’s
current market value

Obtain Title Insurance (where applicable)
• This guarantees that the property you are purchasing
is free of liens or confusion in rights of
• The policy insures against any losses to the property
that result from defects in the title or deed

Close on the Property
• Ownership of the property is transferred. This is the easiest part of the process.
• A closing agent coordinates and distributes all
the paperwork and funds
And you become the proud owner of your
new home!
Whatever your home financing needs, I’m ready
to help with a broad range of programs and
personalized service.