*disclaimer: Not all individuals will qualify for each loan type and/or scenario. Please contact me to see if you'd qualify for these loan products and/or discuss your options.
Being a first time homebuyer is stressful enough. You're taking a loan on an amount of money that you've likely never seen before, and you're starting a the rest of your life as a homeowner.
Those of you who are looking to purchase a first home during this time of economic craziness may be shaking in your boots at the thought of taking on a high interest rate and getting into a home that you might feel like you can barely afford.
Please know that you're not alone.
There are many people just like you going through a similar situation.
As a mortgage loan officer, we go through the emotional rollercoaster of dealing with interest rates with you. We celebrate when they're low, and we anxiously await their return to normalcy when they're high.
Here's where the good news comes in. There are options available to help you purchase a home while still being able to afford a lifestyle you love.
First, let's get you preapproved so that your trusted real estate agent can help you find a home within your budget and make an offer. Then, let's look through loan products that fit your specific needs. Whether it's Conventional, FHA, Utah Housing, VA, or USDA, there are loan types out there that can help you get into a home that you can afford.
One last thing, remember that markets are, and have always been, a cycle. Rates will make their way back down. We may not know when, and we may not understand the "why" sometimes, but it's important to remember that they'll come back down eventually. Hopefully sooner rather than later too.
If you decide to purchase while rates are still high, then let's get you refinanced when they come back down! And if you decide to hold off until that rate drop happens, then I'd love to help you purchase your first home.
For more info, contact me today, or fill out an application form linked below!
*disclaimer: Not all individuals will qualify for each loan type and/or scenario. Please contact me to see if you'd qualify for these loan products and/or discuss your options.
Brayden Ramsay NMLS #1997195
Momentum Loans NMLS #1606597
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