The time is NOW to buy, sell or refinance
Purchasing or refinancing? Let us help you unlock the door to your dreams!
Homebuyer Mistakes to Avoid:
- Assuming you won’t get approved for a mortgage
Ideally, you’d like to have as little debt as possible, an impeccable credit score, and a 20% down payment before borrowing money for a home. However, even borrowers with less can get loans in today’s market, thanks to options like Federal Housing Authority loans, which are meant to help out low-income and first-time buyers.
Don’t have a big down payment? We have lower Down Payment Options
- 1% Down Payment – Dreaming of Owning Your Own Home? You’re 99% There
- 3% Down Payment – Don’t Waste Money On Rent When You Can Afford To Buy
- 5% Down Payment – 10% Down Payment – 20% Down Payment – also available
- Not getting pre-approved early on
Getting pre-approved for a mortgage serves two important purposes: First, it gives you a realistic understanding of how much you can spend on the house. Second, it shows sellers that you’re serious and gives you slightly more standing if you’re competing for homes with all-cash buyers.
Make it less stressful by gathering up relevant financial documents like bank statements, tax returns, and pay stubs, and by checking your credit report for errors in advance.
Benefits of Ownership
How to refinance your home?
At Superior Mortgage Lending we will show you how to refinance your current mortgage loan step by step. The first thing you must do is determine your goals. When considering refinancing you need to determine how you will repay the loan or we can help you find out how much equity you currently have. If the home equity line of credit is to be used for home renovations in order to increase the value of the house, you may consider this increased revenue upon the sale of the house to be the way in which you will repay the loan. On the other hand, if the credit is going to be used for something else, like a new car, education, or to pay down credit card debt, it is best to sit down and put to paper exactly how you will repay the loan.
Contact one of our Mortgage Experts to learn your current credit score and to discuss the options available. It is very important to know exactly what you must do in order to let a refinancing opportunity best benefit you. Our Mortgage Experts will research your home’s current value, shop for the best mortgage rate and programs that fits your needs.
WANT MORE SPENDING MONEY?
NOW MAY BE THE RIGHT TIME TO REFINANCE AND POTENTIALLY SAVE HUNDREDS OF DOLLARS EACH MONTH
- Eliminate monthly PMI
- Accelerate your equity an pay off your loan faster
- Increase your cash flow with a cash-out refinance program
- Pay off debt, make home improvements or fund large purchases
- Potentially lower your interest rate
Get the Refinance – Skip The Appraisal
Looking to Refinance but don’t want the hassle of getting a new appraisal? Save hundreds of dollars on the appraisal fee. Learn how you might be eligible for an appraisal waiver
- CALL US TODAY (702)507-4170