It’s an exciting time in your life. You’ve worked hard, you saved up — you’re considering buying your first home. But the road between first time homebuyers and the dotted line can be full of rookie mistakes. To help you spot these pitfalls before you’re in them, here’s three things to consider when going from homebuying to home owning for the first time.
I’m a loan originator with Open Mortgage, a traditional and reverse mortgage lender. We also provide mortgage refinancing.
Better is possible. It’s our core belief, and it’s also our benchmark. At Open Mortgage, we strive to bring you a better mortgage experience for all your life’s big moments. We’re committed to providing you unparalleled support, transparent communication, and a partnership built on trust.
If you’re interested in speaking with me about a mortgage, please contact me through the details listed on the website. You can also learn valuable information and tips about mortgages by reading our blog.
If you or a family member is considering a Home Equity Conversion Mortgage, or HECM (also known as a reverse mortgage), you probably know that age is important; after all, FHA requires that borrowers be 62 years old to qualify.
But there are other reasons age matters,
A down payment can be one of the biggest obstacles to homeownership. But, it doesn’t have to be. Open Mortgage partners with our clients to identify available mortgage options with minimal or zero down payment requirements. Here are some of the ways we help borrowers achieve the dream of homeownership sooner rather than later.