Qualifying for a Mortgage...

By
Real Estate Agent with Keller Williams Realty - Topsfield, MA 92593

Unless you're ladened with cash most folks purchasing Real Estate will do so by obtaining a mortgage. There are things that everyone needs to know about the mortgage process and preparing yourself to obtain a mortgage. 

These days people need to submit a preapproval/prequalification letter along with the Contract to Purchase (Offer in Massachusetts) BUT there are many more things to attend to. The folks at KCm have produced a fantastic infographic to aid people in this mortgage process.

 

What You Need to Know About Qualifying for a Mortgage 

What You Need to Know About Qualifying for a Mortgage [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Many buyers are purchasing a home with a down payment as little as 3%.
  • You may already qualify for a loan, even if you don't have perfect credit.
  • Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.
Posted by

I pray that God our Father and the Lord Jesus Christ will be kind to you and bless you with peace

2 Thessalonians 1:2

 

Doug Dawes REALTOR®

Broker Associate

KELLER WILLIAMS REALTY 

11 South Main Street
Topsfield, MA 01983
 978-887-3995  ~ Office
 978-270-3037  ~ Cell
 DougDawes@KW.com

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Topic:
Lending / Financial
Location:
Massachusetts
Groups:
FOR SALE BY OWNER - MARKETING(FSBO)
New Hampshire - Real Estate and Life in The Granite State!
MA REALTORS
Coldwell Banker Platform for Sharing Information
Realestateandfunding
Tags:
mortgage

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Rainmaker
2,235,227
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Great tips for those buyers getting a mortgage Doug Dawes. I am so sick of this weather pattern, bring on the heat

May 13, 2017 06:27 AM #1
Rainmaker
3,017,716
Dorie Dillard
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Doug Dawes ,

I liked the infographic you provided in your post..great tips for buyers obtaining a mortgage!

May 13, 2017 07:35 AM #2
Rainmaker
212,184
Don Hess
KW Elite Keller Williams 1280 Plaza Blvd. Lancaster, PA 17601 - Quarryville, PA

Information that all buyers need. Great graphic. 

May 13, 2017 08:55 AM #3
Ambassador
2,863,151
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Doug- it's a good idea to have something like this so buyers can see exactly what they will need.  No guessing. 

May 13, 2017 01:48 PM #4
Rainmaker
744,201
Elyse Berman, PA, CRS
Realty Associates Florida Properties - Boca Raton, FL
Pet-Friendly Realtor, 561-716-7824

Doug Dawes Very useful information for those looking to take a mortgage.  Easy to understand.

May 13, 2017 02:30 PM #5
Rainmaker
128,664
Diana White-Pettis
Exit Bennett Realty - Upper Marlboro, MD
GRI, CDPE, CNE, WHC Upper Marlboro Homes for Sale

Doug, this is essential information for buyers applying for a mortgage loan.  Thanks for sharing.

May 13, 2017 09:30 PM #6
Rainmaker
469,380
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Hi Scott Godzyk 

Maybe this upcoming week we will see Spring

May 14, 2017 05:34 AM #7
Rainmaker
469,380
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Hi Dorie Dillard 

Good info for buyers preparation. Have a great day

May 14, 2017 05:36 AM #8
Rainmaker
469,380
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I agree Don Hess buyers need all the information they can get so they are prepared

May 14, 2017 05:37 AM #9
Rainmaker
469,380
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I keep a notebook and/or PC file where I can get information into the buyer's hands, Kathy Streib

May 14, 2017 05:39 AM #10
Rainmaker
469,380
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

That's the beauty of the infographic(s) KCM has developed Elyse Berman, PA, CRS 

May 14, 2017 05:40 AM #11
Rainmaker
469,380
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Diana White-Pettis, thank you for stopping by and commenting

May 14, 2017 05:41 AM #12
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Rainmaker
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Doug Dawes

Your Personal Realtor®
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