LET’S GO SHOPPING!!

Shopping for a mortgage to purchase a new home is a bit like shopping for a new pair of shoes—you have to try on a few before you find that perfect fit!!

The guidelines for qualifying for a new mortgage have tightened up quite a bit over the last few years as a result of our housing recession. However, with a strengthening economy and increasing demand lenders are looking for ways to sat-isfy their customers’ needs. Don’t assume because you may be rejected at one spot or because you don’t like the rate or terms quoted to you that you should just quit shopping! Think your FICA score is too low? Had some credit issues? Think your debt to income is too high? Think you don’t have enough down payment? Think you don’t have enough equity in your present home to help you qualify for that next level home? Think you can’t get rid of that mortgage insur-ance without 20% down? Had a short sale? Had a foreclosure? Bad things happen to good people.

We are in touch with quality lenders daily who offer differing products. Some may be able to meet your needs. We work very hard to ensure our clients are well served and protected. We only refer our clients to quality lenders who get the job done and work hard to meet our clients’ needs.