Your 3 Step Personalized Home Buying Plan
Do you dream of owning a home but feel uncertain about how to achieve that goal? We're here to assist you. It might be more simple than you imagine!
Our 3-Step Personalized Home Buying Plan will empower you to navigate the process confidently by focusing on your specific situation. T'Asia R. Williams, along with her preferred mortgage lending partner, can help you assess how close you are to homeownership in just three steps.
Step 1: Credit Assessment
Before you embark on your house hunt, it's essential to have a solid understanding of your credit score and history. Your credit plays a crucial role in how lenders evaluate your loan eligibility and interest rates.
- Credit Score & Credit History:
- Review your current credit score and history. Identify any errors or discrepancies that negatively affect your score, and learn how to dispute them. This will provide you with a clearer understanding of any areas for improvement.
- Improve Your Score:
- If your score isn’t where you want it to be, we’ll help you pinpoint what to focus on.
- A common myth is that all debt must be paid off. In truth, reducing existing debt isn't always the best strategy. We’ll offer specific guidance on what to prioritize to secure a mortgage loan.
- Specialized Credit Repair Services:
- Depending on your needs, you might benefit from credit repair services. We can connect you with our trusted credit repair company, which specializes in assisting home buyers. They will customize their services to help you get mortgage-approved.
Step 2: Financial Assessment
Grasping your financial situation is key to determining your budget. This step involves assessing your income, employment, and savings:
- Income Verification:
- Understand the documents you will need to submit to the lender. This varies based on your employment type, income sources, and the type of loan you’re considering. Having a checklist of required documents will ensure you're well-prepared.
- Employment Status:
- Evaluate how your job impacts your home-buying potential. Each situation is unique; your eligibility may depend on factors like your tenure with your current employer, education, and future job plans. This highlights the importance of a personalized plan! It is truly specific to your situation.
- Savings and Budgeting:
- Review your current savings and assets, and set achievable goals. The aim is to save as much as possible, but we’ll provide you with a specific target to work towards.
- Don’t worry, though! We also have access to programs that offer financial assistance to home buyers. You will be evaluated for these options, too. When you find your ideal home, we’ll also negotiate to keep more money in your pocket.
Step 3: Determine Your Timeline
Creating a realistic and achievable timeline is the final step in your home buying plan. Establishing a timeline helps you stay focused and motivated, ensuring you know when you should be ready for mortgage approval.
We’ll provide you with a specific timeframe based on your credit and financial assessments from Steps 1 and 2. You will be able to plan for when you can move into your new home and celebrate reaching this milestone.
Ready to Get Started? Let's take the guess work out of the process and start your 3 Step Home Buying Plan today! Simply fill out the form below, and someone from our team will reach out to you.
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