As a mortgage loan originator, real estate investor, and business owner, I know that the foundation of building wealth starts with real estate. If you don't own any real estate yet, the easiest thing you can do to get started is to buy your own home. If you already own your own home, there are strategies you need to know to buy the next one.
You may have similar questions when you start the mortgage application process. It's helpful to talk with a mortgage loan consultant at a local mortgage company about your individual situation before making any big decisions.
A Licensed Mortgage Loan Originator can interpret the many mortgage rules and guidelines to help you make the best decisions based on your individual situation.
There are many misconceptions and inaccuracies out there, so it's best to talk with mortgage loan consultant to answer your questions.
Your next purchase or refinance starts with a strong pre-approval based on your situation. There's no right or wrong answer, but your loan options will depend on the following key factors:
Based on your situation, you may qualify for one or more loan programs, including: