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BUYING OR SELLING A HOUSE? Relocating to Las Vegas? Looking for Commercial Property? Help us help you by contacting us TODAY!

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  REAL ESTATE MORTGAGE INFORMATION


The first step before home ownership is the process of obtaining loan qualification approval from a reputable lender. To obtain approval, the lender will require documentation that substantiates your current economic condition. Most loan programs are based on the strength of your credit score.

The federal government and lenders however, have created special loan opportunities designed for a variety of lifestyles and credit records. Special loan programs are available for teachers, policemen, firemen, senior citizens, people with disabilities, and first-time home buyers.

In addition to the amount of the loan, a Buyer needs to be aware of the interest rate, terms and the cost associated with obtaining the loan including origination points. A Buyer should be very cautious when shopping for a loan . . . every credit inquiry can lower your overall score.

All this can be a frustrating and scary proposition, but don't worry your ALL Vegas Valley Realty Agent is here to help you every step of the way. We know the language and want you to get the best rate and terms possible.

With so many lenders and so many options where do you start? Right here!
  
LENDING INSTITUTION TYPE
Bank of America Bank
Countrywide Home Loan Financial Services
Merrill Lynch Financial Services
Wells Fargo  Bank
Washington Federal Savings and Loan Bank
Nevada Federal Credit Union Credit Union


 

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11/12/2009