Jerry Newman from San Antonio Texas does an excellent job of pointing out some commonly held erroneous beliefs about today's house buying environment. It’s not as bad as many think.
Don’t Let Myths Stop You From Buying Now!
There has never been a better time to buy a home than NOW. According to the Washington Post, 2/16/2012, “Mortgage rates hold steady at all-time lows”. Even the San Antonio Express News, 1/20/2012, stated “The average 2011 rental price is up nearly 5 percent”. Don’t let any myths hold you back from purchasing that home now. Let a professional real esate consultant direct you to a few preferred lenders to answer all of your questions, and concerns about any of these myths about applying for a loan.
Myth: “ I have to have Excellent credit to qualify for a Home Loan”.
Reality: Actually, Some lenders are able to qualify some potential buyers with less than 620 FICO scores by offering various loan programs.
Myth: “I have to be ready to spend my life savings on that down payment”
Reality:There are some down payment assistance programs available to qualified buyers.
Myth: “Those closing costs associated with a home loan will be more than I can afford”
Reality: There are a few alternatives depending on the type of loans being applied for, and there is a possibility for seller-contributions too.
Myth: “The approval process takes several weeks and dozens of phone calls.”
Reality: In many cases, your preferred Mortgage Consultant can pre-qualify you the same day you submit a request, and grant pre-approval once certain documentation has been verified.
Are You Ready to Own your Home? The Truth is you may be already in a position to own your own home right now! Looking for a place to start? Call Me Today at 210-789-4216. I will arrange a personal consultation with one of my preferred lenders and Mortgage Consultants. Then, I will be glad to assist you with your Home Search in and around the San Antonio, Texas area.
Jerry Newman, REALTOR®
US Army Retired
Keller Williams Realty
San Antonio, Texas
Direct - (210-789-4216
Fax Line (210) 696-9981
Each Office is Independently Owned and Operated
Your Local Real Estate Expert,Let me Google that for You..