Top 10 Rules to Follow When Applying for a Mortgage 1. Do not change jobs, become self-employed or quit your job 2. Do not purchase a new car, truck or van 3. Do not use credit cards excessively or let current accounts fall behind 4. Do not spend money you have set aside for closing…
Read more
When looking to buy a house, you can take prequalification one step further and apply to get a preapproval for your next home loan. This will give make you an even more attractive buyer to sellers in a competitive home market. Prequalification gives you an estimate of your home loan terms and monthly payments. Preapproval…
Read more
Prequalify¹ When You Are Ready to Buy a House There are two items to consider when deciding how much to spend on a home purchase: what you are comfortable with spending, and what mortgage payments your mortgage lender deems you can afford. If you want to prequalify for a mortgage, a trusted mortgage consultant like Jeff Berman “The Mortgage…
Read more
Budgeting for a Home The “right time” to buy a home is different for everyone, but budget is often a leading factor. I can help you find the right mortgage to fit your own personal budget. With Elite Financing Group’s tools and a support team, we are dedicated to leading you through the process to…
Read more
