With mortgage rates on the decline, now is a great time for the buyers and an opportunity for sellers to sell their home fast! For the buyers, to give you an idea, here’s how a mortgage loan officer (MLO) can assist:
- Get Prequalified. Schedule a meeting with a your preferred MLO to begin the prequalification process.
- Determine Your Budget. Utilize your preferred lender’s mortgage affordability calculator to find your ideal price range, take note on the other costs like maintenance, utilities, and property taxes.
- Establish a Down Payment: Contrary to popular belief, a 20% down payment isn’t always necessary. Depending on your loan type, such as VA or FHA loans, you may purchase a home with little to no down payment.
I’m here to help you take the next step in your home buying or selling journey. Give me a call or send me an email today!
Ready to sell? Know your home’s worth, click here.
Homes for sale in Carmel Valley click here.
Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379
