Buying a Home

GETTING STARTED TO BUY A HOME!

GETTING PREQUALIFIED is the first step! You need to know what your program options are, what grant programs are available for you and what your monthly mortgage payments will be based on your information. Interest rates are at an all time low! It's a great time to buy NOW!

Contact Pat Pack and see what special loan and grant programs you could qualify for! When buying a home the first place to start is to talk to an experienced lender you can trust. Be sure to get a free good faith estimate from an experienced loan officer. You can use any lender you want, and I have a few you will want below. If your not sure about your credit and might need help getting it repaired. Let us help! Great deals go fast! You will need a prequalification letter to view homes and to make an offer. Don't delay! Let us help you get ready. We can see what you qualify for in as little as 15 minutes. Once you have a GFE (Good Faith Estimate) you will know what to expect, so you do not have any surprises.

Take a look at a NEW program here to help you!

Loan score (500 - 579) 10% down payment + 2 months reserves

Loan score (580 - 599) 5% down payment + 2 months reserves

Loan score (600 & greater) $100 down on HUD homes OR 3.5% down payment,

Loan score over 600 can qualify for HUD $100 Down & 100% VA,

Loan score over 640 can qualify for 100% USDA

Loan score over 620 - 660 can qualify for several down payment assistance and grant programs

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Loan score lower than 500 = NOT ABLE to obtain a loan as well as other circumstances below.

If you have had:

-a foreclosure in the last 36 months

-a bankruptcy in the last 24 months

-tax liens or judgments

-Student loans or child support in collections

-a car that has been repossessed in the last 24 months

-self employed in the same line of work less than 24 months

All of the above will stop you from obtaining a home mortgage.

PAYING CASH? No need for a prequalification. You just need to show proof of funds.

Buying Services for Douglasville Home Buyers

Congratulations! You have decided to purchase a home, or are thinking about buying one. You'll be joining the ranks of hundreds of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family. When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours. Over time, your home will increase in value.

In the following reports, you'll find the information you need to make a wise buying decision. We'll take you through the planning process step-by-step , to help you determine which home is right for you. You'll find a host of informative articles on mortgages, viewing homes, the offer, closing details and moving.

Please contact me if you have any questions about buying a home in Douglasville or elsewhere in Georgia.

Below, select desired reports and complete the form provided.

		Buying Your First Home Many renters are starting to think about purchasing a home of their own. This article highlights several factors that should be considered when purchasing a home.
		The Right Home at the Right Price This article helps you become a savvy buyer, by pointing out some of the pitfalls inherent in the home-buying process.
		Avoid Common Buyer Errors Some buyers, however, caught up in the excitement of buying a new home tend to overlook some items. When you have a systematic plan before you shop, you’ll be sure to avoid these costly errors. Here are some tips on making the most of your home purchase.
		But Do You Need It Buying a home can be an emotional, time-consuming, and complex process. There are a few things that you can do to help make the process go as smooth as possible.

Buying a Home

Buying Services for Douglasville Home Buyers