Homefit Issue 1 - Riana Keve

First Time Home Buyers Fulfill
Dreams with the Right Mortgage
When it comes to mortgages, it’s
important to find the right loan
officer.
You want to work with someone
who can find the type of mortgage
that is right for you, whether you’re
seeking to buy a new home or
refinance your existing home.
The right loan officer takes pride
regarding his or her customer
service so your experience will be
more personalized.
What if Your Credit is Less
than Ideal?
Before you go to a lender, you
should check your credit rating.
Federal law requires that each of
the three major credit reporting
agencies provide you with a free
annual credit report.
Reviewing these reports will not
only provide you with your credit
rating, but will alert you to any
misinformation or errors contained
in your report.
Bad credit mortgages come with
higher interest rates so it pays to
clean up your credit before buying
a home.
A good loan officer will offer credit
improvement ideas, or refer you
to a service to help you repair your
credit prior to obtaining a loan.
This may involve setting up
payment plans to existing
creditors, challenging bad reports
that are on your record in error, and
so forth.
Having someone help you navigate
through the maze of credit reporting
is extremely useful even if your
credit isn’t pristine so you can still
apply for a mortgage.
Fulfilling Your Dreams
With the right mortgage, first time
home buyers can truly own a piece
of the American dream.
It’s enormously satisfying to pay a
mortgage payment instead of rent
every month, knowing that you’re
building equity. That equity lays a
foundation for your financial future
and that of your children too giving
you peace of mind.
10