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Financing Your Purchase

Understanding Your Down Payment Options

You have choices when it comes to making the down payment on your home purchase.  Options range from 3 to 20% down and you’ll want to talk with your lender about what makes best sense for you.

Getting Pre-approved

Pre-approval is an important and exciting time when you work with your lender to determine how much home you can afford. Getting a pre-approval letter allows you to house hunt with greater confidence, knowing how much the bank is willing to lend you.

Finding the Right Loan

There are many different mortgage products available and you’ll want to work closely with your lender to find the right mortgage for you.  The mortgage you choose may make a big difference in your monthly payments and the overall cost of your loan.

Applying for Your Loan

Once you’ve found your home and submitted a purchase contract, you’re ready to get the final approval from your lender.  During this step, you’ll work with your lender to determine the terms of your loan.

Avoiding Financial Traps

Unfortunately, there are many unscrupulous people who don’t have your best financial interest in mind when you’re looking to buy a home.  Follow these helpful tips to protect yourself and your family from fraudulent schemes.

Understanding Down Payment Assistance Programs

If you’re having trouble saving enough for your down payment, talk with your lender or housing counselor about down payment assistance programs.  Many state, county and city governments provide financial assistance for people in their community that are qualified and ready for homeownership.

Buying Resources

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Applying For a Loan

Learn about the loan application process, from the paperwork required to how lenders assess your eligibility.

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Down Payments

Learn about the loan application process, from the paperwork required to how lenders assess your eligibility.

 What Home Means to Me

Annette - Langhorne, PA

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