4 Questions to Ask Before Choosing a Mortgage or Buying a Home

Mortgage and Lending with EstaR Mortgage NMLS #241125
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These four questions can help you make smarter mortgage and housing choices:

  1. Why is it better to buy a home right now vs. renting a home?  Buying a home usually requires more upfront capital, more ongoing expenses and a longer-term commitment.  Make sure to run the numbers with a professional to evaluate whether you'd be better off buying vs. renting.
  2. How can I make sure this fits into my short-term and long-term budget?  Make sure to compare your options when it comes to:
    • Choosing a down payment amount and strategy
    • Choosing a monthly payment scenario
    • Choosing a price range for your new home
  3. How will this financial decision impact other areas of my life?  Make sure to think through how your cash flow situation will impact:
    • Children’s college funding
    • Retirement planning
    • Taking care of elderly parents
    • Other large financial purchases or commitments
  4. What mortgage and home buying strategy will result in less overall financial risk? The mortgage is most likely going to be your single-largest debt, and your home is most likely going to be your single largest investment. That’s why it's important to evaluate and compare your options with a mortgage professional.



Contact me so we can get started!


Chris Freck MBA CMPS
Chris Freck MBA CMPS
NMLS: 241125
EstaR Mortgage

(510) 463-1003

2413 Webb Avenue, Suite E,
Alameda, California 94501
Corporate NMLS: 1547521
Mutzig Management, Inc dba EstaR mortgage is California Bureau of Real Estate license #2020370. Christopher A. Freck, California BRE license #1454795 with an MLO Endorsement. This material is not from HUD or FHA and has not been approved by HUD or a government agency.

Comments (1)

Chris Freck
EstaR Mortgage - Alameda, CA
EstaR Mortgage, A Bilingual Brokerage

For more information we can be reached at 510-463-1003, MyLender@EstaRm.info or https://EstaRmortgage.com Thank you!

Aug 13, 2018 11:25 AM

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