![]() ![]() In addition, there have been some changes in the process since you bought your last home - we’ll highlight those here.ġ. Well, consider this a refresher course for your very specific set of needs. Rather, it was just a blur of people, paperwork and hand cramps from signing your name and initialing the corner of documents for so long. If you’re like most people, you don’t have a photogenic memory of what the experience was like. Some years ago, you bought your first home. But by following these tips, you will soon discover and enjoy the comfort that a home provides.ĥ Things to Consider if You’re Buying A New Home for the First Time In While The financial and emotional investments involved with purchasing a home are a challenge. Becoming prequalified for a home loan positions you to make a smart decision over an emotional one.īuying a home is a daunting decision. It’s not nearly as much fun as looking at houses. Homeowners are often afraid to become prequalified for a loan. In some areas, the amount you pay for taxes and insurance escrow can almost double your mortgage payment. It’s important to check out the costs of property insurance, taxes, homeowners association, and maintenance dues in your desired neighborhood. Of course, your mortgage won’t be your only financial responsibility. Here are a few sources where you can get a glimpse of your credit score. While there are no strategies to immediately improve your credit score, you are able to correct it by identifying its shortfalls, all in time to make a meaningful impact on your home purchase. Having the best credit score possible is advantageous when purchasing your home loan. Just enter in how much you can comfortably afford each month for a mortgage payment to get a glimpse of what your monthly payments would be if you bought today. You can do this using our mortgage calculator. You may also get in touch with us as we have plenty of mortgage bankers that are willing to help.Īfter you get an idea of housing costs in your desired area, it’s really important to determine how much you can actually afford. You can do a quick search of actual multiple listings service (MLS) in your area on a number of websites including the National Association of Realtors. Your first task is to look around at the kind of houses available in the neighborhood you’re interested in. Where do you start? What’s the process like? Am I really ready to do and own this thing? Here are 5 quick points that will help you through the process of making the biggest single investment of your life. ![]() The thought of writing another check that’s not going towards your financial future is too much. ![]() Because of this, the company is grounded in its core values, and focused on high ethics and creating a 5-star experience for our customers, our partners, and our employees.5 Things to Consider When You’re a First-Time Homebuyer Sente not only survived, but thrived during this chaotic time because we started fresh and were able to predict what the mortgage landscape would look like in the coming years. S ente’s owners believed they could build a mortgage company that was purpose-driven, relationship-based, and ethically grounded. This concept eventually formed the foundation for our company’s purpose, “We Create Financial Possibility.” We adopted the term Sente as the name for the company as a metaphor for helping people “win at their financial game” or, better said, create a strong financial situation. The name Sente comes from a term used in the ancient strategy game Go and represents the winning position on the Go board. In fact, it is one of the reasons the company is named Sente. Since its inception, Sente Mortgage had a vision to be a different kind of mortgage company - not just a place for mortgages, but a place to create financial possibility. While many companies were closing their doors, we launched with a different name and a different model. Sente launched in 2007 during one of the most tumultuous times in the history of mortgage lending. ![]()
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