We understand that it’s a big step to purchase a new home, which is exactly why we have the tools to help you decide which mortgage option is right for you. Whether it’s your first home, second or maybe even your investment home, you will need to know how much you pre-qualify for and we are prepared to help you understand the process and provide a thorough understanding of all our loan products and ensure that you get the great rate you deserve! Purchasing a new home is a huge decision at Tidewater Mortgage Services, Inc. and we will see you through from start to finish.
Buying a home comes with some (seriously exciting) considerations. While purchasing a new home can tickle your most excitable emotions, it’s important to remember that buying a home is serious business and there are certain things you should do and certain things to avoid along your homebuying adventure.
Get all of your ducks in a row as homebuying will likely include all of your personal financial endeavors.
Be prepared for your down payment as well as closing costs associated with your new home.
Be realistic when shopping for a home, a mistake many first-time homebuyers tend to make is having their heart set on a certain home, keep open minded and aware of the realistic approach.
While getting a mortgage might not be difficult, finding the right option can be a little challenging. Do your research and get some ideas on what mortgages are available for you and how to qualify for certain programs.
As you go through the process of procuring financings for your new home, every financial move you make will be watched heavily by both credit reporting agencies and your lender. It’s important to realize that while you’re securing your loan you should avoid furnishing your new home, buying a new car, or trying to add more to their expanding world.
Along with not applying for new credit, don’t make any drastic life changes. Your financing hangs in a delicate balance of being mutually exclusive and dependent on your current financial situation including your job and even your possessions.
Being prepared can make your meeting with a loan officer that much smoother if you know what you want, but you’ll certainly need to get in touch with one of our loan options!
Upfront Info Needed
Download the Upfront Info Checklist so you know what to bring to get prequalified!
