JUST ASK TINA

Getting pre-approved is the #1 most important thing you should do before you even look at the first house. It is important for you to know if you qualify and how much home you can afford. Having the information you need will allow you to look in the right price range of homes and save you a lot of time and disappointment. To get absolutely correct information you must work with a mortgage professional that will fully analyze your income and credit to guarantee your success in finding the right home for you. Do not settle for a phone conversation and a credit pull with a lender. It is important to talk to a lender that will take the time to do a complete analysis of your income, assets and credit. Talk to Tina first!

Most mortgage payments are due on the 1st of the month and late after the 15th. You have a grace period of 15 days before you are considered late. If your payment arrives after the 15th, you will be assessed a late payment fee. However, if you are more than 30 days late your credit will take a beating, and that could potentially cost you more on other types of credit. You must prioritize your mortgage payment every month and make sure it is paid on time. It is the most important payment that will impact your credit report!

There are two important steps to take in determining your monthly payment. The first step is always to speak with a mortgage professional to determine how much you can qualify for. Correct information will only come from a complete pre-approval process and not from any calculators on the internet. Once you know what you qualify for, then you must take a look at your budget to determine for yourself the monthly payment you can handle comfortably. Talk to Tina for your free assessment.