Affording Your House without Fear
Then and Now
Many 20-something and even 30-something young Americans are already in the zone of house- dreaming. Maybe you’re one of those in the zone who’s paying rent or paying off student loan and wondering if it would ever happen that you’d get to own a house. It looked somewhat easy for your folks to procure their first house, some 40 years ago, when they were in their late 20’s. While by historical standards the mortgage rates per month have been kept low, the prices of homes have soared and that makes down payments tougher to cover these times.
If your intention is to establish your first home in an expensive neighborhood, then you should start saving early and for longer for the down payment. Money down for great locations fetch as high as 24% of the purchase price. However,do look around at more affordable locations that will not stretch your budget too far. It will also allow you to establish roots sooner than later. Also, shop around for first-time homeowners’ programs as in government-sanctioned companies that offer easy down payments.
Affording Expert Help in Lynnwood
Helping young people, like yourself, on the goal towards home ownership is one of Dave Haley’s expertise. Many first-time homeowners come in with just their dream and maybe a lot of savings for the down payment and very little else. When it comes to home loans, you must arm yourself with its intricacies, like available options, fixed and adjustable rates, monthly interests, and loan terms.
If you’ve found your target home anywhere in Lynnwood, Bothell, or in Mill Creek region, where communities are lovely and homes are affordable, David can surely find you the best alternatives that will work in your particular circumstance. Let David make mortgage easy for you with a payment plan within your means that allows you to keep your home and your credit score for years ahead.
