If you are thinking about becoming a homeowner getting pre-approved is the most important step. What is pre-approval? It's an indication from your lender that they are willing to lend you a certain amount of money to buy your future home.  What are the benefits of a pre-approval; It lets you know what you can borrow. Plus a pre-approval letter shows sellers you are a qualified serious buyer. 

So what are my options?
Mortgages can seem complicated, but I'll break down the main types in simple terms:

Each type of mortgage has its pros and cons, so it's important to understand them and choose the one that best fits your financial situation and goals. Always make sure to read and understand all the terms before signing any mortgage agreement.

For more information on types of home loans and what may fit your needs best, CLICK HERE.

Partnering with a local lender like Mike Vogt and his team at Guild Mortgage can make your home-buying journey hassle-free. They have the expertise to help you avoid inconvenience later in the process. To learn more about how they can help, CLICK HERE.