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Avoiding Financial Stress

By asking the right questions, and knowing exactly what your needs are, you can find the right loan for you. There are certain approaches that you can take while mortgage shopping that can cost or save you money.

It is still true that the better qualifications you have, the lower your interest rate will be. However, there are mortgages available for almost everyone; it's the interest rates or the down payments that vary.

Before speaking with a lender, know what monthly dollar amount you feel comfortable committing to. Then when you discuss mortgage pre-approval with your lender, it is easier for you to determine the monthly amount and what value of home the monthly amount translates into. Do not put yourself in the position where you will be paying more each month than you intended simply because the dream home requires it.

Do your research on the types of mortgages available to you and find the one that best suits your needs. There are a number of considerations to be made in terms of finding the best mortgage for each individual:

  • What type of market are you in? Are the interest rates falling or rising?
  • Do you want a fixed mortgage rate, where you will always know what your payment is going to be?
  • What are your long-term goals? Do you intend to resell the property? Do you only need the mortgage for a short time?
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Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Diane Warring
Warring & Associates Realtors
829 FIRST ST
BENICIA, CA 94510
Office: 707-746-6990
Cell: 707-315-5238
Email: diwarring@gmail.com
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Testimonials

Your availability and flexibility throughout the entire process of buying AND selling went far beyond te all of duty. Thank you for your caring, trustworthy and meticulous approact to real estate. Brad & Jake Souza
"...You represent the best, the hallmark of excellent client service. Your high degree of professionalism...all of your skills, knowledge, and competence in doing your work is impressive and truly excellent. This did not feel like a business transaction...but more of a friend, a life-long Bencian...helping a friend sell their home. Your sincerity and understanding of the many emotional ties to the house, helped Mom feel better about selling. Tim Bobbit
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