Since a home may be the largest purchase you will ever make, choosing the right mortgage lender is a very important decision, and one you should make early in the home-buying process, before you begin your house hunting.
- A lender can help you narrow down your desired price range, both in terms of what you will qualify for, and also in terms of what’s comfortable.
- Having a thorough understanding of how much cash you’ll need for a down payment and closing costs is essential to know before you begin to formulate a negotiating strategy.
- Today’s sellers won’t accept an offer until they can review a written pre-approval letter. Many sellers require that pre-approval letter comes from a local, reputable lender.
Which lender and financing program is best for you? The answer depends on:
- Your current financial situation
- How you expect your finances to change over time
- How long you intend to live in your home
- Your comfort level with adjustable interest rates
I recommend local lenders in our market that I often work with and have selected based on consistently competitive rates and a variety of financing options. Each of the lenders I work with is committed to the same level of extraordinary service that I am.
I have lots of wonderful information about the Williamsburg area and if you follow this blog, you’ll learn everything you wanted to know about events, discounts, and why you should use me when you are ready to buy. Follow me on Facebook or Pinterest for home-buying inspiration and to learn about hot spots in, and around, Williamsburg.
Rolf Kramer, REALTOR®, ABR, SRES, e-PRO 757-564-4455 Licensed in Virginia with Liz Moore and Associates, 5350 Discovery Park Blvd, Williamsburg, VA 23188 Williamsburg has become a Mecca for retirees over the past dozen years because of its history, charm, vacation amenities, proximity to major cities and airports, and affordable cost of living. Check out www.retiringinwilliamsburg.com for information about the Williamsburg community, lifestyles available, and search for homes for sale.