Mortgage Purchase for your First Home Purchase - PowerPoint PPT Presentation

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Mortgage Purchase for your First Home Purchase

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Purchasing a home is one of the most important decisions of your life. Therefore, make sure that you do everything by the book to make the process smoother and devoid of any bitter experiences. – PowerPoint PPT presentation

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Title: Mortgage Purchase for your First Home Purchase


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  • All Western Mortgage

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4 Mistakes to Avoid While Taking Your First Home
Mortgage
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Objective
  • First time home buyers face a lot of challenges
    that include, getting approved for a mortgage,
    finding a good agent, searching for the perfect
    home and - most importantly - staying within a
    budget. These challenges lead to potential buyers
    committing a few mistakes. Some of the most
    common ones are as follows

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Mortgage Purchase
  • 1) Buying a home has more to it than just paying
    house mortgage installments Most first time
    buyers go ahead with a mortgage purchase as soon
    as they feel that they are ready to make mortgage
    payments. They dont consider the fact that
    affording mortgage is not the same as affording a
    home, which involves various other costs such as
    taxes, insurance, maintenance, utilities, running
    costs and a lot more.

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2) Looking for a home before finding a home
mortgage loan First time buyers are often afraid
to get pre-qualified as they fear rejection or
getting pre-qualified for an amount which is
below their expectations. This is one of the
gravest mistakes that you can make. So, give a
call to All Western Mortgage on 702-850-2790 and
get pre-approved first before you go looking for
homes.
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3) Not hiring a professional realtor Some first
time buyers make the mistake of not hiring a
professional realtor, in order to cut costs,
while looking for homes. Well, needless to say,
this mistake is bound to end up in a disaster.
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  • 4) Depleting entire or most of their savings on
    down payment Spending all or most of your
    savings on down payment and closing costs is one
    of the most dangerous mistakes. Homebuyers do
    this to meet the 20 down payment mark so that
    they dont have to pay for the mortgage
    insurance. But, paying for insurance is
    definitely better than having no money for a
    rainy day.

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Contact Us All Western Mortgage
  • Address8345 W Sunset Rd, Suite 380Las
    Vegas, NV  89113
  • Phone 702-850-2790Corporate 702-369-0905Fax
    702-906-0153 info_at_awmlending.comWebsite
    http//www.awmlending.com/
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