Our team can help you effectively navigate the path to your first mortgage.
Buying a house is an exciting milestone, but the experience can also be filled with nervousness and even confusion, especially when exploring your first mortgage options. In fact, choosing the right first mortgage is one of the most important steps along the way. The good news is that you don’t have to manage the process on your own. Our team at Steve Owens Home Loans – MIG specializes in helping potential home owners in the Greensboro, North Carolina area with their first mortgage.
When exploring your mortgage options, it’s important to evaluate your financial condition. This means calculating your income, expenses, and current indebtedness. Understanding your financial situation will help you understand how much you can afford to borrow. Additionally, you’ll need to know your credit score. This number is often a major factor when determining mortgage approval and the interest rate.
As you move forward in the home buying process, you might wonder about your down payment requirements. While some potential home buyers have money saved, this might not be the case for you, or you may not have the full amount you need. In these situations, our team can explore your eligibility for down payment assistance programs.
We will also help you understand the various mortgage types. Mortgage options vary in terms and conditions. Some of the mortgage types you may qualify for include FHA loans, VA loans, and USDA loans. We will help you investigate each option to see which best fits your financial goals.
Obtaining your first mortgage is a substantial undertaking, but you can gain valuable support by working with an experienced team. When you’re ready to take the next step, contact us to see how we can help.
At Steve Owens Home Loans – MIG, we help clients find first mortgages in Greensboro, Thomasville, Lexington, Asheboro, Mebane, Graham, Burlington, Lewisville, Clemmons, Summerfield, Oak Ridge, Winston-Salem, Kernersville, and High Point, North Carolina.
