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Showing posts from January, 2020

SEVEN MISTAKES MOST PEOPLE MAKE WHEN FINDING A MORTGAGE LENDER IN ST. GEORGE

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Are you planning to purchasing a property in St George Utah? Do you want to find the best ST George Mortgage Lenders?  Purchasing a house is one of those most expensive investments in life. Therefore, taking a mortgage can be a quick way out as you are left making repayments. It is important to know that mortgage is a huge debt that you will ever carry. In that regard, it is important you make the right decisions! In this post, we feature seven mistakes that most people make when finding a mortgage lender in St. George. Before you have closed the mortgage and signs the forms, here are mistakes you should avoid.  1. YOU FAIL TO CHECK THE CREDIT SCORE BEFORE BEGINNING THE PROCESS OF MORTGAGE SHOPPING It is unbelievable that many prospective homebuyers fail to check their credit score before starting the mortgage application process. In the end, they are surprised when the mortgage lenders tell them that they cannot qualify for the amount they intend to borrow.  Before you

THE IDEA THAT PEOPLE CAN’T BUY A HOME WITH A LOW DOWN PAYMENT IS AN ABSOLUTE LIE!

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According to recent statistics, the average price of a house in the U.S as at the end of 2018 was $318,600. As crazy as it may sound, this projection may have skyrocketed by about 20% in 2019, making home buying a huge deal as if it isn’t already. I don’t say this to discourage your hopes to buy a home in the slightest. I hope to restore some hope. Sure, homes these days are pretty expensive, but there are so many options to still help families get into homes without killing their financial wellbeing. This is where getting a Mortgage can be a lifesaving option. Many Mortgage companies offer Low Down options, meaning instead of saving the industry standard of 20% to put down, they have as low as 3% down & even ZERO % down options. WHAT IS A DOWN PAYMENT? A down payment refers to the cash you pay before getting into a home. Down payments can crush the hopes of any hopeful homebuyers because most of them tend to be highly-priced. Like I mentioned above, it’s typical to save