Health & Fitness
What is the Number 1 thing I can do to help myself when considering my first home purchase?

"What is the Number 1 thing I can do to help myself when considering my first home purchase?"
I'm often asked by First-Time Homebuyers ...
"What is the Number 1 thing I can do to help myself when considering my first home purchase?"
My answer? Educate yourself about every step of the Mortgage and home buying process ... thoroughly.
As a Mortgage Lender, over the years I've come to see my role as educator or "teacher" vastly grow in importance. When I first started in the Mortgage business, I instructed clients. Actual teaching opportunities were few and minimal. That's definitely not true anymore.
Education is now vitally important throughout the entire Home Buying transaction. From the time you first discover your interest and desire to buy your home ... through your Mortgage processing and successful Home Closing ... and even beyond ... education remains key.
So how do you get "educated"? Just where do you search for helpful reading materials, information, and informative videos to best educate yourself?
Information is everywhere. Search in newspapers, magazines, blogs. Scour social media sites for links to helpful and timely articles, videos, news bites, reports, statistics, infographics, websites, and more. The amount of free information available courtesy of our government, mortgage and real estate professionals and experts, both online and off, is almost staggering.
I recommend you read everything you can. And don't hesitate to contact/call a local experienced Mortgage Lender or real estate professional either. Get referrals to find them.
Do this well in advance of starting your actual home search. This will allow your Mortgage Lender ample time to run your Credit, help improve or repair your Credit Scores if necessary, and better position you to buy your home at the best possible Interest Rates and Mortgage Options available.
Now ... did you also note above that I suggested that you continue to educate yourself "even beyond" your Loan Closing?
Valuable information continues to be available to you throughout all the outlets named above. But none will prove more valuable then an on-going relationship and dialogue with your Mortgage Lender. The education, services, guidance, and help they can provide you after your Closing remains important to your future financial and credit health.
Make sure to stay in touch with this valuable resource. Keep the lines of communication between yourself and your Lender available and open. I send weekly newsletters via email to my Closed clients, so updated and timely email addresses remain important. Remember, we can't help you if we can't reach you in some way.
"What is the Number 1 thing I can do to help myself when considering my first home purchase?" You've probably heard this many times in the past, but it's true. Get educated (and stay educated) about your Credit, Credit Scores, and financing options. Your financial health will be better for it ...
* Hoping to Buy your First Home in a Lincoln-Way Community, Will County, or elsewhere in the Chicagoland area? Contact Me! I'll put my Mortgage experience and expertise hard to work on your behalf.
I can be easily found at:
Direct: 815.524.2280 Cell/Text: 708.921.6331 eFax: 815.524.2281 gmundt@goapmc.com www.genemundt.com Click HERE for your FREE Mortgage Consultation! Ready to Apply for your Mortgage?