YES ! LENDING IS AVAILABLE
With all the negative news out there on the economy, many people are misinformed about the Real Estate market and the availability of lending. NEWS FLASH! Lending is available and the rates are more attractive today than they have been for some time. At this writing rates are at 5.5% for a 30 year fixed. This is great news for the people that have been waiting for the perfect time to buy. NOW IS THE TIME.
The most important part of obtaining financing is to meet with an honest lender, get pre-qualified, and make sure you know the up front cost for the loan. Some lenders have not learned from the past mistakes made by shady lenders, causing many people to get into loans they could not afford. True the Federal and State governments are working hard to omit these lenders from practice, never the less they still exist.
Good lenders are available and willing to work hard to get your business. They know most people have been waiting for rates to come down before they commit to purchasing a home. If your credit score, or FICO score is good, you have an income, and are diligent with payment of your bills, you should have no problems getting into an attractive loan that can be tailored to fit your budget. Most people are going with a 30 year fixed loan because, unlike Adjustable Rate Mortgages, they know what their payment will be for 30 years. There are 40 and now 50 year fixed loans available as well today.
I work with several lenders that have been in business for a long time, and are very reputable. I only work with lenders that service their clients as I do, with impeccable professionalism. There is no other way to do business in my book. Honesty, integrity, and getting the job done professionally are the keys to lasting relationships in business. For options on lenders contact me, and I will guide you to the perfect lender with the perfect loan to fit your needs.
Robert P Bowman is a Licensed Professional REALTOR with Cornerstone Real Estate Professionals. He can be reached at 435-512-7214 or e-mail loganrealtor@gmail.com www.retireinlogan.com
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