First Time Home Buyers
Benchmark Mortgage | 1750 E. Golf Rd., Suite 310 | Schaumburg. IL 60173
Illinois Residential Mortgage Licensee
Understanding the challenges in today's mortgage environment to qualify for your first
home purchase and then having to navigate your way through can seem daunting if you
are not working with a compassionate, experienced and integrity minded professional.

Welcome to my website and congratulations on your endeavor to owning your first
home!

My primary goal is that you always feel comfortable and confident with your decisions and
that I have provided you all the necessary information and have explained the home
buying and loan process to you in a simple and straight-forward manner.

Even though I have guided and helped hundreds of homeowners just like you, I never lose
sight of this is YOUR first experience and you too will have many questions and concerns.
LOAN PROGRAMS

Conventional
FHA
VA

Contact Deb For Getting Approved
THE SEARCH

It is very important that you
choose a real estate agent
that is experienced, listens to
your needs and is dedicated.

Ask me for a referral to an
excellent Realtor.
You know the old saying, "would you like my first born too?"

It may seem that way to you... but the best advice I can give
you is be prepared with your financial documentation because
your loan officer will need to see it all.
If you've been a little relaxed in the past about savings paystubs
or knowing where your W2's are, now is the time to get
organized.
Gather Your Documentation -
Getting Your Financial House In Order
Local Resources - Could Improve Your Bottom Line
Many cities offer special grants or assistance with closing costs to help first time
home buyers. Be proactive in seeking out any help that may be available to you,
research your local government or township online to find out if they do.
Copyright ©2008 debrasineni.com
Credit & FICO Scores
I can't even stress this topic enough. It is true that higher FICO scores will save
you money on your loan costs, especially if you're considering conventional
financing.

FHA is more forgiving of lower credit scores but only to a point. And if your
credit profile is pretty thin, consider a co-borrower for your loan.