Spring into Home Buying!
Feb 19, 2019
Spring is traditionally a busy season in the real estate market, with more homes available than any other time of year. That means you have more options. Beginning your home search can sometimes seem overwhelming. The neighborhood, schools, taxes, and HOA fees are just some of the things that need to be considered. This is why it’s important to connect with an experienced home loan expert who can assist you throughout the home loan process.
Consider Your Financing Options:
Our Homestead Loans maintains its original interest rate throughout the life of the loan and offers financing of up to 95% of the purchase price. This means you could buy your home with a down payment as low as 5% of the purchase price. In addition to low down payments we do not require our loans to have Private Mortgage Insurance (PMI) or pay a Mortgage Insurance Premium (MIP).
Rally also has escrow options to help you save. Don't dread the arrival of your tax and homeowner’s insurance bills, manage those expenses with an escrow savings account. Access the funds at any time to pay homeowner insurance or property taxes.
Working with Experts:
Purchasing a home today is very different than it was 10 years ago. Whether you are a seasoned home buyer or a first timer, you will need to understand new regulations and loan requirements. With today’s tighter regulations, be prepared to provide additional verification and proof documents. Once you’re working with a loan officer, ensure that your answers to inquiries are accurate, complete and prompt to facilitate a faster, smoother process. Don’t make major changes to your financial situation. Now is not the time to buy a car or open a new line of credit. Our home loan experts will help you navigate any uncertainties in the lending process.
Your Time is Important:
We know that your time is valuable when you’re ready to buy a home. In order to speed up the home buying process, we ask that you first speak with a home loan expert and submit all of required documents (paystubs, tax returns, rental income, etc.) necessary for your approval—before you start your looking for your dream home. This step will allow us to provide you with what your budget should be and help you during your home search. When you find your perfect home, and your home loan has been approved, we work to quickly fund your loan, and have it completed within 30 days.
Let’s Get Started!
Buying a home is a fun, exciting time and most likely the biggest purchase of your life. It is important to understand all your options and to choose a lender who will work with you to ensure a positive home buying experience.
Call us to get started today- New Home Loan Inquiries: Call 361-986-4500 and press 5, then 2.
All loans and lines of credit are subject to credit application, qualification and approval. Must qualify for membership.
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