Importance of Securing Financing in Advance
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| If you've already secured your home financing, your offer carries more weight with sellers than offers from other buyers and provides you with more negotiating power.
Sellers know your offer is valid because your financing is unlikely to fall through.
You can close on your home in just weeks, rather than months. It's another advantage you'll have over other buyers.
Saves you time and money by allowing you to only focus on homes within the price range that you feel comfortable borrowing.
Click here to view our Mortgage Glossary of commonly used terms you may encounter during your transaction. |
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Optional
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Results
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Receive this Detailed Analysis
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Your Monthly Payments
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| Loan Amount: |
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| Loan Insurance (
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| Total Loan(Mortgage) Amount: |
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| Principal & Interest: |
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| Homeowners Insurance: |
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| Property Taxes: |
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| Condo Fees: |
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| Monthly Loan Insurance (%): |
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| Total Monthly Payment: |
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How to Find a Mortgage Banker
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Understanding Credit Scores
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Adjustable or Fixed-Rate Mortgages?
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