When the littlest member of your family gets close to becoming mobile, it’s time to baby-proof. Some people might enlist the help of a professional, but many take on the task themselves. If&
Before You Choose a Mortgage Lender, Read This Post
Dated: November 28 2018
Shopping for a mortgage takes time and sometimes stressful especially when you don't have any idea on the process.
So, here's the list of the things you have to know before you sign anything with any lender.
Determine if you want a small or large lender
Do you prefer a small or large lender? If you care on customer service, you may want to choose a smaller lender. If you
Ask around for mortgage companies
One the best way is to ask around your friends or family member who has purchased a home in the last few years. Getting referrals can help you prospect to find someone that you can trust.
What are the loans that they offer?
It is important to know the loan options each lender can offer you. Take time to ask and let them explain the pros and cons of each so you can determine the best one that will match your needs.
What is the interest rate and
How much will be the deposit and the monthly payment going to be?
This is important that your lender will clearly explain and provide all information needed.
On the monthly payments, be sure to consider taxes and insurance in the calculations. Will there also be prepayment penalties that can add up in your monthly payment in the future?
Know the deposit you will need and see if it is competitive in the market. Don’t forget to add up all the fees needed to pay for a home loan.
Ask your agent
Your real estate agent has dealt with this on a regular basis. They have the
So, if you are looking for a home and have no idea on where to get a mortgage in Alaska, call us at 907-720-4663 or (907) 570-6757 so we can help!
Vanna has called Alaska home for the past 15 years. As a mother, real estate investor and previous business owner, Vanna brings many different perspectives when working for her clients. She has been a....