Get Pre-Qualified NOW!!!
Conventional purchase loans, not backed by a government entity, are a well-established route to homeownership. These loans demand higher credit scores and stable income, making them suitable for borrowers with solid financial standing. With conventional loans, you can often enjoy lower interest rates, diverse term options, and the potential to avoid private mortgage insurance with a 20% down payment. They can also accommodate a variety of property types, including vacation homes and investment properties. While these loans have stricter requirements, the benefits such as potential equity building and lower overall costs can be substantial. Discover the benefits of conventional purchase loans today and step confidently into homeownership.
Begin the home buying journey on the right foot by securing a clear mortgage plan. Having a solid financial strategy in place will ensure that your home search is guided by practical considerations, rather than emotions alone.
Getting pre-approved for a home loan is the crucial first step in your home buying journey. Here's why:
Know your budget - Pre-approval gives you an idea of what you can afford, allowing you to make informed decisions when shopping for a home.
Be a competitive buyer - Having a pre-approval letter shows sellers that you're a serious and committed buyer, making you stand out in a crowded market.
Streamline the process - The pre-approval process helps you identify any potential roadblocks early on, allowing you to address them before you find the home of your dreams.
Negotiate with confidence - Knowing that you have financing secured gives you the confidence to negotiate the best terms and price for your new home.
Travis Egan, VA Mortgage Vet
NMLS # 655284
1267 Eagles View Dr
Clarksville, TN 37040
(931) 208-6280
Edge Home Finance
NMLS # 891464
5868 Baker Road
Minnetonka, MN 55345
(763) 219-8484
Edge Home Finance is an Equal Housing Lender. We fully comply with the Equal Credit Opportunity Act (ECOA) and all other federal regulations. All applicants applying for credit from Edge Home Finance will never be discouraged on the basis of race, color, religion, national origin, sex, military status, marital status, age, or because you get public assistance. All information we request is voluntary and will be kept confidential. For more information on the ECOA, please visit:
http://www.ftc.gov/bcp/conline/pubs/credit/ecoa.shtm
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