Call (972) 245-5626 to book your free consultation with our expert lenders or send your inquiry to firstname.lastname@example.org. Searching for your first home loan is the first step if you’re getting ready to buy your first house. With Dream Home Mortgage’ assistance, you can locate a suitable mortgage. Moving into your new home quickly is made simple by our extensive array of lending solutions and simple mortgage process.
When you purchase your first home, consider the following reasons to partner with Dream Home Mortgage:
You might soon be unlocking the door to your new home anywhere in the United States. To apply for a mortgage or to ask concerns about the home buying process, call us today at (972) 245-5626 to book a consultation.
Ask yourself the following questions when considering whether you’re ready to buy:
A credit score numerically summarizes an individual’s credit history and gives a snapshot of their financial standing to a lender. Mortgage lenders use the score to decide who receives loans and at what interest rate. The higher the score means the better the chance of getting a loan with an attractive interest rate.
If your score is low, it is not impossible to get a loan but it will take longer. These three different companies keep credit histories: Equifax, TransUnion, and Experian. Before applying for a loan, get reports from all three companies. Fix any errors you might see in order to improve your score and put your best foot forward with lenders.
Typical deductions are mortgage interest and real estate taxes.
In most cases, loan discount points and origination fees are deductible.
Read Publication 530 titled Tax Information for Homeowners found on the IRS website.
There are capital gains benefits, but don’t worry about that until you buy your first home.
Pre-qualification: Getting pre-qualified for a mortgage gives first-time homebuyers an indication of how much they “might” qualify to borrow. This mortgage amount is not guaranteed because no information has yet been verified. A letter from the lender may only state that you are “likely” to be approved for a mortgage.
Pre-approved: Better yet is getting pre-approved for a mortgage, which is based on a real credit score, and it also puts real estate agents and home sellers at ease. The buyer has more to offer when making a deal and in a competitive market this can be a definite plus.
Are you ready to find out what type of mortgage is best for you or whether you qualify for a first time home mortgage ? Dream Home Mortgage can assist you. We can help you find the right mortgage and walk you through the entire process from start to finish.
Dream Home Mortgage,An Equal Housing Lender, a Division of Brazos National Bank, is committed to providing affordable mortgages with superior customer service.
Contact a member of our team immediately at (972) 245-5626 to initiate the first-time homebuyer financing process with our trained staff.Please send your inquiry to Info@dreamhomemortgage.com
This website’s content is only presented for informational purposes. Programs, rates, and terms are all subject to change without prior notice. Loan approval is based on the borrower’s credit, collateral, financial history, eligibility for the programme, and other variables that are subject to change at any time. Other limitations might be present. This is not a request for a loan.Dream Home Mortgage NMLS#334616 Brazos National Bank NMSL#473879 |www.dreamhomemortgage.com | Equal Housing Opportunity