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Getting off on the right foot can save you
both time and money
There is nothing more frustrating than falling in
love with a home only to discover that it is more expensive than
you can afford or finding out that the home you wanted and turned
down was within the price range you would’ve qualified for.
With a pre-approved mortgage, you can hunt
for the right home and at the right price, knowing that you will
qualify for the mortgage. A pre-approved mortgage and rate guarantee
lets you lock in your interest rate for as long as 60 - 90 days,
if interest rates increase during this period, yours won't. If your
mortgage is funded within the guaranteed period and interest rates
are lower on the funding date, you will receive the lower rate.
Start by pre-qualifying for a mortgage. Based on your income, your
expenses, and your debt, your financial institution will help you
determine how much you can afford, and how big a loan you can get.
Who do I contact regarding mortgages
and options?
Certainly your bank will be more than willing
to help you, but you are not limited to just your bank. Mortgages
are available through a number of financial institutions. It is
always wise to shop around for competitive rates and options.
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