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📱360-651-8448 NMLS #893532 #allsquaremortgage #mortgageprofessionals #mortgageloanofficers #mortgagehelp

📱360-651-8448 NMLS #893532 #allsquaremortgage #mortgageprofessionals #mortgageloanofficers #mortgagehelp

The average mortgage loan term is 15 – 30 years. Although you don’t need to stay in your home for that long, buying a house is still a major commitment. Be 100% sure that you’re ready for homeownership before taking on a mortgage. Start by asking yourself these questions: 1. Am I ready to commit to this home and city for at least 5 years? 2. Do I have an emergency fund that can cover at least 3 months of expenses? 3. Do I have a stable income? If the answer to any of these questions is “no,” you may want to hold off on a home purchase for now. Keep saving. Keep researching. 📱360-651-8448 NMLS #893532 #allsquaremortgage #mortgageprofessionals #mortgageloanofficers #mortgagehelp

📱360-651-8448 NMLS #893532 #allsquaremortgage #mortgageprofessionals #mortgageloanofficers #mortgagehelp

📱360-651-8448 NMLS #893532 #allsquaremortgage #mortgageprofessionals #mortgageloanofficers #mortgagehelp

5 Tips When Preparing for a Mortgage... 1. Start with your credit report: The first thing lenders will probably do when you apply for a mortgage loan is to check your credit; you should, too. 2. Do your homework: You’re finding a home but you’re also making a financial commitment. Research loans, rates and brokers before you commit to anything. 3.Be realistic about what you can afford: Home ownership may be the American dream, but keep one foot on the ground 4. Understand how lenders operate: Lenders base much of their decision about your loan on your credit score, is a reflection of their confidence in your ability to repay them. 5.The larger your down payment, the wider your options: So within a realistic framework of what you can afford, the more you put down, the better your terms. “Not now” doesn’t mean “never” - Home ownership is just not a realistic option for everyone right now, despite what may look like once-in-lifetime mortgage rates. If you fall into this category, don’t despair. 📱360-651-8448 NMLS #893532 #allsquaremortgage #mortgageprofessionals #mortgageloanofficers #mortgagehelp

Let's find you a backyard that'll make your dog smile! 📱360-651-8448 NMLS #893532 #allsquaremortgage #mortgageprofessionals #mortgageloanofficers #mortgagehelp

For an adjustable-rate mortgage, the index is a benchmark interest rate that reflects general market conditions and the margin is a number set by your lender when you apply for your loan. The index and margin are added together to become your interest rate when your initial rate expires. 📱360-651-8448 NMLS #893532 #allsquaremortgage #mortgageprofessionals #mortgageloanofficers #mortgagehelp

"I will forever believe that buying a home is a great investment... -Oprah Winfrey. 📱360-651-8448 NMLS #893532 #allsquaremortgage #mortgageprofessionals #mortgageloanofficers #mortgagehelp

📱360-651-8448 NMLS #893532 #allsquaremortgage #mortgageprofessionals #mortgageloanofficers #mortgagehelp