It is easier to get a mortgage today than it was immediately after the market crash, but it is still difficult. The difference in 2006? At that time, it was difficult not to get a mortgage.
A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage.
Though the price of homes may still be rising, the cost of purchasing a home is actually falling. The X-Factor = Mortgage Rates.
The lack of knowledge about the home-buying process is, unfortunately, keeping many motivated buyers on the sidelines.
The good news for potential buyers is that you don’t need a score that high to qualify for a mortgage.
Important Features of our New Construction Condominium Mortgage Product: 25% pre-sale requirement, only your building needs to be complete, no pricing hit!
Our Fresh Start Program can help you repair credit issues and raise your credit scores, and effectively prepare for purchasing a new home.
