If you are a first-time homebuyer, it can feel like the time spent discussing your future is the bank's alone. You schedule a 15-minute meeting with your bank and after rushing through explaining your situation you leave with more questions than answers. You want information you can use, but the bank doesn't have time for details.
They aren't interested in explaining how your mortgage works or why their choice is best suited to you. And if they say no, they really don't have time for you - what can you do to fix it, what steps do you take to make it happen. I believe taking the time to understand your situation is important.
They aren't interested in explaining how your mortgage works or why their choice is best suited to you. And if they say no, they really don't have time for you - what can you do to fix it, what steps do you take to make it happen. I believe taking the time to understand your situation is important.
Services
All first-time buyers will have a plethora of questions regarding mortgages, but while most questions will be the same, every situation will be different! The minimum down-payment on any purchase is 5%. Keep in mind that you will also be required to show that you have enough for closing costs as well.
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