Central Maine Real Estate Experts

Mortgage

Top 10 Financial Tips for First-Time Homebuyers: Achieving Your Dream Home with Expert Advice

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  • Exciting news for all you first-time homebuyers! We've compiled a list of the top 10 financial tips to help you save for your dream home. From creating a budget and cutting unnecessary expenses to taking advantage of down payment assistance programs and employer-sponsored savings plans, there are plenty of options to help you

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3 Reasons Why Getting a Pre-Approval Letter is the Best First Step to Make in the Home Buying Process 🏡🔑

3 Reasons Why You Should Get Pre-Approved First

 

1. You need to know how much you’ll be approved to borrow so you can look at homes within your budget. 
2. You’ll be able to see how much money you’ll need for the down payment and closing costs based on the loan estimate from your lender. That way, you can make a plan to have that ready, whether you need more time to save, liquidate some
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Ups and Downs of Your Credit Report: Mortgage Loan Dos and Donts

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When applying for a mortgage loan, it is in your best interest to be familiar with your credit report and hopefully possess a strong score. Your credit score correlates directly to loan opportunities, favorable rates, and the chance to establish revolving credit accounts. Mortgage Calculator suggests acquiring copies of your credit reports from all three major credit bureaus [...]