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Purchase | Refinance | Home Equity
(847) 321-0814
First Time Home Buyers
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.
Buying a home requires responsibility of planning and determining what you can afford and
understanding which loan program will best meet your needs and within your budget.
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.
Buying a home requires responsibility of planning and determining what you can afford and
understanding which loan program will best meet your needs and within your budget.
Gather Your Documentation -
Organization is key, knowing where to quickly access all of your
income and asset information so can provide your loan officer
with everything they need to verify.
Be prepared with your financial documentation because
your loan officer will need to see it all.
income and asset information so can provide your loan officer
with everything they need to verify.
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 pay stubs or knowing where your W2's are, now
is the time to get organized.
Next, you should go over your monthly fixed expenses and allow for emergency expenses as well.
Always allow yourself a cushion so you won't feel strapped month to month, setting a realistic budget
will bring you success in owing your first home.
Review your credit report; know what your FICO scores are and if there is any false
reporting on it, contact the credit bureaus and get it corrected.
Your interest rate and costs will be completely indicative of your scores and overall
credit profile.
Also, take note of any derogatory credit that has reported in the past, because more
than likely you will have to provide an explanation to the lender of the reason.
is the time to get organized.
Next, you should go over your monthly fixed expenses and allow for emergency expenses as well.
Always allow yourself a cushion so you won't feel strapped month to month, setting a realistic budget
will bring you success in owing your first home.
Review your credit report; know what your FICO scores are and if there is any false
reporting on it, contact the credit bureaus and get it corrected.
Your interest rate and costs will be completely indicative of your scores and overall
credit profile.
Also, take note of any derogatory credit that has reported in the past, because more
than likely you will have to provide an explanation to the lender of the reason.
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.
Review your credit report; know what your FICO scores are and if there is any false reporting on it,
contact the credit bureaus and get it corrected. Your interest rate and costs will be completely indicative
of your scores and overall credit profile.
Also, take note of any derogatory credit that has reported in the past, because more than likely you will
have to provide an explanation to the lender of the reason.
I can't even stress this topic enough. It is true that higher FICO scores will save you money on your
loan.
Review your credit report; know what your FICO scores are and if there is any false reporting on it,
contact the credit bureaus and get it corrected. Your interest rate and costs will be completely indicative
of your scores and overall credit profile.
Also, take note of any derogatory credit that has reported in the past, because more than likely you will
have to provide an explanation to the lender of the reason.
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.
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.
| To Get Approved As A First Time Home Buyer... Just Contact Me |
Preparing For Home Ownership HUD Home Ownership It's Greek To Me Fannie Mae- Home Path Credit & Home Ownership First Time Buyer Tax Credit IRS 5405 Tax Credit Filing Form |
Your Home Search
It is very important
that you choose a
Real Estate agent
that is experienced
and can negotiate an
offer with your
specific financial
needs.
Ask me for a
referral to a top
Realtor
It is very important
that you choose a
Real Estate agent
that is experienced
and can negotiate an
offer with your
specific financial
needs.
Ask me for a
referral to a top
Realtor
Chicago Illinois Home Mortgage Lender