Am I ready to buy a home?

There are a few things that you should do to prepare yourself to purchase a home.
The first, and likely one of the most important, is making sure your credit is good. The better your credit, the higher the FICO score. The higher your score the lower the interest rate that you will qualify for.

Another thing to consider is the cost for the down payment. You can get an FHA loan with as little as 3.5% of the purchase price as your down payment. This helps a lot when you have to save up that down payment.

Closing costs? Well, closing costs vary depending on a number of factors. How much your lender charges, the price of the home effects the cost of title, escrow and other fees that are calculated against the purchase price. Then there is the first few weeks of interest payments on the loan, until your first monthly payment is due, as well as the first few months of property taxes.

However, there are programs that can help with your down payment, if you qualify.
There are also ways to write an offer that will assist with the closing cost expense.

I recently got a buyer of mine to move in for nothing but the down payment.
Prior to that I was able to get someone into a home with nothing down and no closing costs.

If you are curious about these programs or any others just call Julz.

www.justcalljulz.net
949-633-6788
Lic 01754588