How to Plan for Your Home's Financing
Buying a home is one of the largest financial decisions you can make! As such, it's important to do your research and plan carefully for the transaction. Have any questions about financing your Triangle home purchase? We're here to help. Plan the perfect home purchase with Real Estate By Design.
Get started with your budget by playing around with your monthly mortgage payments!
Our Three Biggest Tips
Choose the Right Loan
It may seem like there are a million and one loans to choose from, but the right one is closer than you think! Whether you're hoping to do a conventional fixed-rate mortgage, an adjustable-rate mortgage, or you qualify for a VA loan, you have a number of different options for buying your dream home.
Meet with a Mortgage Lender (or two)
It's important to "shop around" for the best deal on your mortgage loan. That's why we recommend meeting with at least two different Triangle lenders. Let us know if you'd like a recommendation—we know plenty of professional lenders throughout the Triangle we'd love to connect you with!
The easiest way to set your budget is by getting pre-approved for a mortgage. This involves sitting down with a lender before you go home shopping. The lender will review every detail of your finances (your annual income, any assets you may have, your outstanding debt, your credit score, etc.). After this review, they'll give you a number: that's how much the bank is willing to lend you.
Find the Right Home for the Right Price
Top Triangle Homes for Sale
We can help you find the right home for the perfect price in the Triangle! Whether you're searching in the heart of Downtown Durham or in the suburbs of Raleigh, we have all the resources you need to find top homes for sale in the Triangle. Just give us a call today to learn more about your options.