If you’d like to own a home but are being held back by fears that you don’t have the money or the know-how to make it happen, you’re not alone.
Let’s shine a light on those deep, dark fears so you can shake the shivers and see for yourself that all those shadows and sounds were really just a phone app and some good conversations with your Loan Advisor.
- I don’t have enough saved for a down payment
While some borrowers do have 20% saved for a down payment, many do not. And that’s okay – there are many loan programs geared toward those with limited cash. Some options you can discuss with your Loan Advisor are: FHA loans, First Time Homebuyer programs, and home financing programs built for those in lower-income brackets.
- I don’t know how much house I can afford
Nobody knows the price range they should be looking for without first speaking to their Loan Advisor. A Loan Advisor will gather the details of your financial profile and let you know the loan amount you qualify for and what kind of down payment is expected.
- I don’t know if my credit is good enough
There are many different loan programs, and each has separate rules about the credit score needed to qualify. Your Loan Advisor will pull your credit to help get a full picture of your financial profile and advise you on loan programs available to you.
- I can’t compete in this market
This market is tough. But there are tactics that can be deployed when you find yourself a motivated and thorough Realtor and Loan Advisor team. At Axia, we’ve developed a program that can help you get the seller’s attention and provide them with full assurance that your offer is solid, and your loan is guaranteed to go through. Learn more about our 10k Guarantee Program here.
You got this
And that’s it. Not so scary after all, right? The bottom line is to find a great Loan Advisor, give them a ring, and talk through your situation. A good Advisor will answer all your questions and provide expertise and guidance to ensure you have the intel you need to make smart choices about your home purchase and home financing. Find a local, trusted Loan Advisor here.
Equal Housing Opportunity. Axia Home Loans is a registered tradename of Axia Financial, LLC. NMLS 27830.