{"id":1805,"date":"2022-10-03T01:55:39","date_gmt":"2022-10-03T01:55:39","guid":{"rendered":"https:\/\/optionfinancial.com\/?page_id=1805"},"modified":"2023-01-27T03:49:36","modified_gmt":"2023-01-27T03:49:36","slug":"homebuying-guide","status":"publish","type":"page","link":"https:\/\/optionfinancial.com\/homebuying-guide\/","title":{"rendered":"Homebuying Guide"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1805\" class=\"elementor elementor-1805\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-735b6a2 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"735b6a2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-0eee994\" data-id=\"0eee994\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b5e14b9 elementor-widget elementor-widget-heading\" data-id=\"b5e14b9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Homebuying Guide\n<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b0d2f8 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7b0d2f8\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#0c0d0e;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}.elementor-widget-divider .elementor-divider{display:flex}.elementor-widget-divider .elementor-divider__text{font-size:15px;line-height:1;max-width:95%}.elementor-widget-divider .elementor-divider__element{margin:0 var(--divider-element-spacing);flex-shrink:0}.elementor-widget-divider .elementor-icon{font-size:var(--divider-icon-size)}.elementor-widget-divider .elementor-divider-separator{display:flex;margin:0;direction:ltr}.elementor-widget-divider--view-line_icon .elementor-divider-separator,.elementor-widget-divider--view-line_text .elementor-divider-separator{align-items:center}.elementor-widget-divider--view-line_icon .elementor-divider-separator:after,.elementor-widget-divider--view-line_icon .elementor-divider-separator:before,.elementor-widget-divider--view-line_text .elementor-divider-separator:after,.elementor-widget-divider--view-line_text .elementor-divider-separator:before{display:block;content:\"\";border-bottom:0;flex-grow:1;border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--element-align-left .elementor-divider .elementor-divider-separator>.elementor-divider__svg:first-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-left .elementor-divider-separator:before{content:none}.elementor-widget-divider--element-align-left .elementor-divider__element{margin-left:0}.elementor-widget-divider--element-align-right .elementor-divider .elementor-divider-separator>.elementor-divider__svg:last-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-right .elementor-divider-separator:after{content:none}.elementor-widget-divider--element-align-right .elementor-divider__element{margin-right:0}.elementor-widget-divider:not(.elementor-widget-divider--view-line_text):not(.elementor-widget-divider--view-line_icon) .elementor-divider-separator{border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--separator-type-pattern{--divider-border-style:none}.elementor-widget-divider--separator-type-pattern.elementor-widget-divider--view-line .elementor-divider-separator,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:after,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width,100%);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ec6e9e4\" data-id=\"ec6e9e4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4896c7b elementor-widget elementor-widget-image\" data-id=\"4896c7b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/optionfinancial.com\/wp-content\/uploads\/2022\/07\/house-at-dusk-in-rural-new-jersey-1024x576.jpg\" class=\"attachment-large size-large wp-image-1381\" alt=\"House at dusk in rural New Jersey\" srcset=\"https:\/\/optionfinancial.com\/wp-content\/uploads\/2022\/07\/house-at-dusk-in-rural-new-jersey-1024x576.jpg 1024w, https:\/\/optionfinancial.com\/wp-content\/uploads\/2022\/07\/house-at-dusk-in-rural-new-jersey-300x169.jpg 300w, https:\/\/optionfinancial.com\/wp-content\/uploads\/2022\/07\/house-at-dusk-in-rural-new-jersey-768x432.jpg 768w, https:\/\/optionfinancial.com\/wp-content\/uploads\/2022\/07\/house-at-dusk-in-rural-new-jersey-1536x864.jpg 1536w, https:\/\/optionfinancial.com\/wp-content\/uploads\/2022\/07\/house-at-dusk-in-rural-new-jersey.jpg 2000w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0ceb309 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0ceb309\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2db3da6\" data-id=\"2db3da6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-86a5597 elementor-widget elementor-widget-text-editor\" data-id=\"86a5597\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span style=\"font-weight: 400;\">As a first-time homebuyer, you may be feeling overwhelmed by the process. We&#8217;re here to help make things as easy as possible. Our guide will walk you through everything you need to know, from finding the right property to getting the keys in your hand. With our help, you can confidently take this big step with ease<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5dd96d2 elementor-widget elementor-widget-heading\" data-id=\"5dd96d2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Get Pre-Qualified<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-feb7ea0 elementor-widget elementor-widget-heading\" data-id=\"feb7ea0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What is pre-qualification?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2839cbb elementor-widget elementor-widget-text-editor\" data-id=\"2839cbb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Pre-qualification for a home loan is the first step in the mortgage process. After you have been pre-qualified, you will know how much you can afford to spend on a home and what size loan you may qualify for. This is not a commitment to lend, but it will give you an idea of what size loan you may qualify for. You will still need to complete a mortgage application and go through the underwriting process to get final approval for your loan.<\/p><p>Pre-qualification is based on the information you provide about your income, assets, and liabilities. A licensed mortgage loan originator will review this information to establish the maximum purchase price you can afford and how much you may be able to borrow.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-943cefa elementor-widget elementor-widget-heading\" data-id=\"943cefa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What are the benefits of pre-qualifying today?\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8effac8 elementor-widget elementor-widget-text-editor\" data-id=\"8effac8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Many people confuse pre-qualification with pre-approval. A pre-qualification is simply an estimate of how much you can afford based on the information you provide, while a pre-approval is a more comprehensive look at your financial situation that may include a credit check. Keep in mind that neither a pre-qualification nor a pre-approval guarantees that you will actually receive financing, as there are many factors that can affect your loan approval.<\/p><p>In order to get pre-qualified for a mortgage, you&#8217;ll need to provide your lender with some basic financial information. This includes information about your income, debts, and assets. Your lender will then use this information<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c5be368 elementor-widget elementor-widget-heading\" data-id=\"c5be368\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Understanding Your Credit Report\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7170ad7 elementor-widget elementor-widget-text-editor\" data-id=\"7170ad7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The higher your credit score, the lower the interest rate you will be offered on a home loan. A good credit score can save you thousands of dollars in interest over the life of your mortgage.<\/p><p>If you&#8217;re looking to buy a home, having a good credit score is essential. A high credit score can save you thousands of dollars in interest over the life of your mortgage.<\/p><p>Here are three reasons why having a good credit score matters when you&#8217;re buying a home:<\/p><ol><li>You&#8217;ll get a lower interest rate on your mortgage.<\/li><li>You&#8217;ll have a better chance of being approved for a mortgage.<\/li><li>You&#8217;ll save money over the life of your mortgage.<\/li><\/ol><p>\u00a0<\/p><p>If you&#8217;re thinking of buying a home, make sure you check your credit score and take steps to improve it if necessary. A little effort now can save you a lot of money down the road.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2dd01b3 elementor-widget elementor-widget-heading\" data-id=\"2dd01b3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Check your credit score.\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-921ee5a elementor-widget elementor-widget-text-editor\" data-id=\"921ee5a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As a consumer, it&#8217;s important to check your credit score before meeting with a lender. By doing so, you can ensure that your score is accurate and improve your chances of loan approval. Additionally, checking your credit score can help you identify any potential red flags that may need to be addressed. You can get a free credit report once a year online by visiting\u00a0<a href=\"http:\/\/annualcreditreport.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>annualcreditreport.com<\/strong><\/a>.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73682f0 elementor-widget elementor-widget-heading\" data-id=\"73682f0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Verify your credit report for accuracy.\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7165534 elementor-widget elementor-widget-text-editor\" data-id=\"7165534\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>If you&#8217;re looking to get a loan approved, it&#8217;s important to first verify that the information in your credit report is accurate. Inaccuracies can delay your loan approval, so it&#8217;s important to dispute any errors with the credit bureau.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8087a8c elementor-widget elementor-widget-heading\" data-id=\"8087a8c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Pay down high credit balances.\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dbc1cfb elementor-widget elementor-widget-text-editor\" data-id=\"dbc1cfb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>-If you&#8217;re looking to improve your credit score, paying down high balances on lines of credit is one way to do so.<\/p><p>-This can also help you qualify for a better interest rate when you&#8217;re ready to apply for a loan.<\/p><p>-If you&#8217;re not sure where to start, focus on paying off the credit card with the highest interest rate first.<\/p><p>-Once that&#8217;s paid off, you can work on paying down the next highest balance, and so on.<\/p><p>-Paying down your balances will take time and discipline, but it&#8217;s worth it in the long run.<\/p><p>-Not only will you save money on interest, but you&#8217;ll also improve your credit score.<\/p><p>-And that can save you money in the long run, too.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d56e89 elementor-widget elementor-widget-heading\" data-id=\"2d56e89\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Consider payment plans.\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-83fa1a9 elementor-widget elementor-widget-text-editor\" data-id=\"83fa1a9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>-If you&#8217;re struggling to make ends meet and your credit score is suffering as a result, it&#8217;s time to consider setting up payment plans with your creditors.<\/p><p>-Working out a budget-friendly payment plan shows lenders that you&#8217;re serious about being responsible for your debts, and can help improve your chances of being approved for a loan.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c135d0f elementor-widget elementor-widget-heading\" data-id=\"c135d0f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Meet Your Licensed Loan Originator\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a588349 elementor-widget elementor-widget-text-editor\" data-id=\"a588349\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>If you&#8217;re looking for a mortgage product that meets your needs, we can help. We&#8217;ll work with you to choose the right product and get you started. Here&#8217;s what you can expect:<\/p><p>&#8211; A licensed loan originator will assess your financial situation and make a recommendation<\/p><p>&#8211; A variety of loan products to choose from, tailored to your needs<\/p><p>&#8211; A straightforward, easy process from start to finish<\/p><p>Contact us today to get started. We&#8217;re here to help you every step of the way.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5aabc33 elementor-widget elementor-widget-heading\" data-id=\"5aabc33\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Estimate Your Expenses\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ab80d0 elementor-widget elementor-widget-text-editor\" data-id=\"2ab80d0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>-If you&#8217;re looking to buy a home, it&#8217;s important to factor in all of your estimated expenses. This includes your monthly bills, property taxes, home insurance, private mortgage insurance (PMI), living costs, and potential Home Owners Association fees.<\/p><p>-In addition to these ongoing costs, don&#8217;t forget to account for one-time costs during the buying process, like closing costs and your down payment.<\/p><p>-Our online calculators can help you get a general idea of how much home you can afford, as well as your estimated monthly mortgage payment.<\/p><p>-Determining all of these expenses upfront will help make the home buying process smoother and less stressful.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1cc1654 elementor-widget elementor-widget-heading\" data-id=\"1cc1654\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Get Pre-Approved\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdf5c6c elementor-widget elementor-widget-text-editor\" data-id=\"cdf5c6c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: var( --e-global-color-5d8a844 ); font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, 'Helvetica Neue', Arial, 'Noto Sans', sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol', 'Noto Color Emoji'; font-size: 1rem;\">Getting pre-approved for a mortgage is a great first step in your home-buying journey. It&#8217;s important to understand the difference between pre-qualification and pre-approval.\u00a0<\/span><\/p><p>A Pre-qualification determines your ability to repay a loan based on the information you provide. Your liability, asset, and income information are reviewed by a licensed mortgage loan originator to establish the maximum purchase price you can afford and how much you may be able to borrow.\u00a0<\/p><p>A Pre-approval is when your information is reviewed and verified by an underwriter. This involves an analysis of your financial status and credit history. With a pre-approval, you\u2019ll be able to negotiate your home purchase confidently.\u00a0<\/p><p>Realtors and sellers will often take your offer more seriously if you get pre-approved before house shopping because it lets them know you are ready to make a deal. A pre-approval may help streamline your process and result in a smoother transaction.<\/p><p>If you&#8217;re looking to get pre-approved for a mortgage, contact us today and we&#8217;ll be happy to help you through the process!<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dec41a6 elementor-widget elementor-widget-heading\" data-id=\"dec41a6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Find A Great Realtor To Work With <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-109591e elementor-widget elementor-widget-text-editor\" data-id=\"109591e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Once you&#8217;ve done that, it&#8217;s time to find a good realtor. This is someone who you can trust, who has a proven track record, and who has your best interests at heart. A good realtor will help you through the home buying process and make sure everything goes smoothly.<\/p><p>If you&#8217;re not sure where to start, ask for referrals from family and friends who&#8217;ve been through the process. They can recommend a good realtor to you.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a529910 elementor-widget elementor-widget-heading\" data-id=\"a529910\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Choose the Right Real Estate Agent\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f32a925 elementor-widget elementor-widget-text-editor\" data-id=\"f32a925\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As a home buyer, it&#8217;s important to interview several real estate agents before choosing one. You&#8217;ll want to ask them a set of similar questions, such as:<\/p><p>&#8211; How long have you worked in real estate?<\/p><p>&#8211; Is this your full-time job?<\/p><p>&#8211; Have you sold homes in the area I am interested in before?<\/p><p>&#8211; How many sales in this area have you done?<\/p><p>&#8211; How many sales have you done in the last year?<\/p><p>&#8211; Will you be present for the closing of my loan?<\/p><p>Doing your research upfront will help ensure you end up working with an agent that&#8217;s a good fit for you and your needs.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-798266c elementor-widget elementor-widget-heading\" data-id=\"798266c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Find Your Dream Home\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fadd758 elementor-widget elementor-widget-text-editor\" data-id=\"fadd758\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As a potential homeowner, your dream home may be top of mind. It is important, however, to consider all aspects of the property before making an offer.<\/p><p>Your lender and realtor will be key partners in helping you find the right house. But it is ultimately up to you to decide what qualities are most important in a property.<\/p><p>Think about what you need in a home, and don&#8217;t get too caught up in the excitement of the search. With careful consideration, you will find the perfect place to call your own.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8245898 elementor-widget elementor-widget-heading\" data-id=\"8245898\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Find the right location\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-24de9f7 elementor-widget elementor-widget-text-editor\" data-id=\"24de9f7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As a busy person, it&#8217;s important to choose a home that is in a convenient location. Consider the crime rate, public school ratings, your daily commute, traffic patterns, and local amenities when choosing a home. If public parks, libraries, pools, sporting arenas, churches, restaurants, or shopping centers are important to you, make sure you consider their proximity to your neighborhood before getting lost in visions of porch swings and curtains. By taking all of these factors into account, you can find the perfect home for your needs.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a75421 elementor-widget elementor-widget-heading\" data-id=\"1a75421\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Consider a Home Inspection\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8c25c97 elementor-widget elementor-widget-text-editor\" data-id=\"8c25c97\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>When purchasing a home, it is important to be aware of the condition the property is in. Many times, homes that appear to be in good condition may have hidden problems that can be costly to repair.<\/p><p>It is important to have a professional inspector check the home before making an offer. An inspection can reveal hidden problems that may not be apparent to the naked eye. If there are repairs that need to be made, it is important to factor those costs into your offer.<\/p><p>Purchasing a home is a major investment, and you want to be sure that you are getting what you expect. A proper <a href=\"https:\/\/www.assuredhomeusa.com\/2021\/09\/01\/what-is-included-in-a-typical-home-inspection\/\" target=\"_blank\" rel=\"noopener\">home inspection<\/a> can give you peace of mind and help you make an informed decision.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5a22852 elementor-widget elementor-widget-heading\" data-id=\"5a22852\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Property Condition is Important\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-188b20d elementor-widget elementor-widget-text-editor\" data-id=\"188b20d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>-If you&#8217;re considering buying a fixer-upper, there are a few things you need to keep in mind.<\/p><p>-Time, additional expenses, and stress are just a few of the things you&#8217;ll have to factor in.<\/p><p>-An FHA203(k) will allow you to finance qualified repairs, which can help offset some of the cost.<\/p><p>-Keep all of this in mind before making any final decisions.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aa24463 elementor-widget elementor-widget-heading\" data-id=\"aa24463\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Start The Loan Process\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4261548 elementor-widget elementor-widget-text-editor\" data-id=\"4261548\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Wondering how to get started on the loan process for your new home?<\/p><p>Here is a quick guide on what you need to do next after finding your dream home.<\/p><p>After you have met with your licensed loan originator and gathered all the necessary paperwork, it&#8217;s time to submit your mortgage application.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c7fa44 elementor-widget elementor-widget-heading\" data-id=\"5c7fa44\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Gather all necessary identification and paperwork\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fb26ab7 elementor-widget elementor-widget-heading\" data-id=\"fb26ab7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Identity & Income Information\n\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ab7d05b elementor-widget elementor-widget-text-editor\" data-id=\"ab7d05b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As you begin the process of buying a home, there are a few key things you&#8217;ll need to have to make the process as smooth as possible. Gather the following items before getting started:<\/p><p>&#8211; Your full legal name, Social Security number, and date of birth. A copy of your Social Security card may be required.<\/p><p>&#8211; Your phone number, email address, and residential mailing addresses for the past two years.<\/p><p>&#8211; Your primary and secondary income and sources.<\/p><p>&#8211; Your government-issued photo ID.<\/p><p>&#8211; All employer names, addresses, and phone numbers for the past two years.<\/p><p>&#8211; The values of your bank, investment, and retirement accounts, as well as any other asset accounts.<\/p><p>&#8211; Your monthly debt obligations.<\/p><p>&#8211; The address of the property being purchased, year built, estimated down payment amount, and purchase price.<\/p><p>&#8211; Estimates of annual property taxes, homeowners insurance, and homeowner association dues (if any).<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e8212b6 elementor-widget elementor-widget-heading\" data-id=\"e8212b6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Income Information for Self-Employed Borrowers\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cbb0c42 elementor-widget elementor-widget-text-editor\" data-id=\"cbb0c42\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As a self-employed borrower, it&#8217;s important to have all of your financial documentation in order before applying for a loan. This includes your personal and business federal tax returns for the past three years, a year-to-date profit and loss statement, and a complete list of all business debts. Having this information on hand will help the loan process go more smoothly and help you get the best possible interest rate on your loan.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-03aedc5 elementor-widget elementor-widget-heading\" data-id=\"03aedc5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"> Credit Information\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7bbc577 elementor-widget elementor-widget-text-editor\" data-id=\"7bbc577\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>-If you have derogatory credit items on your report, you&#8217;ll need to provide a letter of explanation to your lender.<\/p><p>-Source of funds documentation may be required for any large deposits made into your account.<\/p><p>-Any obligations due to legal action will require a judicial decree or court order.<\/p><p>-Bankruptcy\/discharge papers will be necessary for all bankruptcies in your credit history.<\/p><p>-Lenders will also want to see payment histories for utilities, cable TV, internet, phone, auto insurance, and other expenses.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eefb3bf elementor-widget elementor-widget-heading\" data-id=\"eefb3bf\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Income & Tax Documentation\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9721c5f elementor-widget elementor-widget-text-editor\" data-id=\"9721c5f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Are you in the process of applying for a mortgage? If so, there are a few key pieces of documentation that you&#8217;ll need to have to move forward. These include:<\/p><p>&#8211; IRS Form 4506-T (request for tax transcript)<\/p><p>&#8211; Your W-2s from the past two years<\/p><p>&#8211; Pay stubs from the past 30 days<\/p><p>&#8211; Your federal tax returns (1040s) from the past two years<\/p><p>&#8211; Your most recent asset and bank statements from all accounts (2 months&#8217; worth)<\/p><p>If you have any questions about what documentation you need or where to get it, your mortgage specialist will be able to help. In the meantime, gather up all of the required items and get ready to start the mortgage application process!<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e421421 elementor-widget elementor-widget-heading\" data-id=\"e421421\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Submit your application\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4525220 elementor-widget elementor-widget-text-editor\" data-id=\"4525220\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The next step is filling out a residential loan application (Form 1003), including the attached fair lending notice, loan info sheet, and credit authorization.<\/p><p>However, before you begin, keep in mind that mistakes should be crossed out and initialed&#8211;not whited out.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-af83f7f elementor-widget elementor-widget-heading\" data-id=\"af83f7f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Review the Loan Estimate\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3dedce7 elementor-widget elementor-widget-text-editor\" data-id=\"3dedce7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As a potential borrower, it&#8217;s important to understand all the details of the loan you&#8217;re applying for. This document contains important information about the loan, including estimations of your interest rate, monthly payment, closing costs, taxes, insurance, and any prepayment penalties.<\/p><p>The lender must provide this to you within three business days of receiving your application. This way, you can be fully informed about the loan and make the best decision for your financial needs.<\/p><p>By understanding all the details of the loan upfront, you can avoid any unwanted surprises down the road. So be sure to ask for this document from your lender as soon as you start the loan application<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce20869 elementor-widget elementor-widget-heading\" data-id=\"ce20869\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Review the Good Faith Estimate\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-35d79b1 elementor-widget elementor-widget-text-editor\" data-id=\"35d79b1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As a homebuyer, it&#8217;s important to be aware of the settlement charges you&#8217;ll need to pay at closing. This includes fees for services like title insurance and inspections, as well as taxes and other government-required charges.<\/p><p>The lender is required to provide you with a Good Faith Estimate of these charges within three business days of receiving your mortgage application.<\/p><p>Knowing what to expect ahead of time can help you budget for closing costs and avoid any surprises.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9bd4eab elementor-widget elementor-widget-heading\" data-id=\"9bd4eab\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"> Work with Underwriting to clear up any issues or questions\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9b57e62 elementor-widget elementor-widget-text-editor\" data-id=\"9b57e62\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>For anyone who has applied for a loan, you are probably familiar with the underwriting process. Underwriting is the department that reviews all of your identification, paperwork, and credit history to assess if you will qualify for the desired loan. They determine the terms of the loan and will occasionally require extra documents to fully understand your background and make their decision.<\/p><p>It is important to make yourself available during the underwriting process and to respond to any requests promptly and thoroughly.<\/p><p>If you are in the process of applying for a loan, or are considering it in the future, understanding underwriting is crucial to a successful outcome.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2802b8c elementor-widget elementor-widget-heading\" data-id=\"2802b8c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Review the Closing Disclosure\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a7350e4 elementor-widget elementor-widget-text-editor\" data-id=\"a7350e4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>If you&#8217;re taking out a loan, the lender is required to give you a three-day window to review the final terms of the loan. This is your chance to make sure everything lines up with what you were expecting, and to ask questions if anything is unclear.<\/p><p>Don&#8217;t let the opportunity to ensure a good deal pass you by &#8211; take a close look at that final loan document!<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2344ecc elementor-widget elementor-widget-heading\" data-id=\"2344ecc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Make An Offer\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8f24fe elementor-widget elementor-widget-text-editor\" data-id=\"d8f24fe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As you prepare to make an offer on a home, there are a few things to keep in mind that will help you determine how much to offer. These include:<\/p><p>-The asking price<\/p><p>-Recent home sales<\/p><p>-Market conditions<\/p><p>-Re-sale value<\/p><p>-The Home Condition<\/p><p>-How many other prospective buyers are looking at this home<\/p><p>By taking all of these factors into consideration, you can make a smart offer on a home that will give you the best chance of being accepted.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bde8fec elementor-widget elementor-widget-heading\" data-id=\"bde8fec\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Once the offer is accepted\n\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a65cab elementor-widget elementor-widget-text-editor\" data-id=\"8a65cab\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Are you buying a home from a seller who will still be living on the property after the closing date? If so, there are some important things to keep in mind. Here&#8217;s what you need to know about negotiating rent payments with your seller:<\/p><p>&#8211; Clarify when the seller will be vacating the home.<\/p><p>&#8211; If the seller remains on the property after the closing date, you are entitled to negotiate rent payments.<\/p><p>&#8211; Be sure to get everything in writing so there is no confusion later on.<\/p><p>By understanding your rights and being prepared to negotiate, you can make the process of buying a home from a seller who will still be living on the property much smoother.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2b70cf elementor-widget elementor-widget-heading\" data-id=\"c2b70cf\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Get an Appraisal\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a93cd8 elementor-widget elementor-widget-text-editor\" data-id=\"8a93cd8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As a potential home buyer, it&#8217;s important to understand the condition of the property you&#8217;re interested in. Home inspections can be helpful in this process, giving you a clear picture of the home&#8217;s condition and helping you negotiate a better price or contract terms.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a3c010 elementor-widget elementor-widget-heading\" data-id=\"1a3c010\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Get all commitments in writing.\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d0d037 elementor-widget elementor-widget-text-editor\" data-id=\"2d0d037\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>If you&#8217;re in the process of buying a home, it&#8217;s important to understand that verbal agreements may not be legally binding. This includes promises made by the seller, such as repairs or providing appliances. Be sure to get any agreed-upon terms in writing before signing any contracts. This will protect you in case the seller does not follow through on their promises. It&#8217;s also important to make sure that all loan details are included in writing before you sign anything. This will ensure that there are no surprises down the road. By being proactive and getting everything in writing, you can avoid any issues during your home-buying journey.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ad0336 elementor-widget elementor-widget-heading\" data-id=\"5ad0336\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Set a Closing Date\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cabfa44 elementor-widget elementor-widget-text-editor\" data-id=\"cabfa44\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>As a homebuyer, it&#8217;s important to understand the closing process. This typically takes place in the presence of a public notary, so you should be prepared for what to expect. Here are some key points to keep in mind:<\/p><p>&#8211; Review the final documents to make sure everything is in order.<\/p><p>&#8211; Bring a cashier&#8217;s check to cover closing costs and the down payment.<\/p><p>&#8211; Be prepared to sign the loan agreement and show a photo ID and\/or a Social Security card.<\/p><p>By understanding the closing process, you can help ensure that everything goes smoothly on your big day.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-89f904e elementor-widget elementor-widget-heading\" data-id=\"89f904e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">If you are currently in a lease\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dfcdb9c elementor-widget elementor-widget-text-editor\" data-id=\"dfcdb9c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>If you&#8217;re currently leasing an apartment, condo, or house, you may want to consider scheduling your closing date around the time your lease is up. Some homebuyers prefer not to have a payment overlap, while others enjoy the overlap if they have projects that need to be completed in the new home.<\/p><p>Knowing your options and what you&#8217;re most comfortable with can help make the home-buying process that much smoother.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2f10a0 elementor-widget elementor-widget-heading\" data-id=\"c2f10a0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Receive Your Keys and Move In!\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7e3b10a elementor-widget elementor-widget-text-editor\" data-id=\"7e3b10a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Congratulations, you are now a homeowner! Option Financial is here to offer you guidance on any future questions or situations that may arise. A licensed loan officer will always be available to help you refinance, use your home equity, or even purchase additional properties.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-91fbf06 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"91fbf06\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c438c42\" data-id=\"c438c42\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9076958 elementor-widget elementor-widget-heading\" data-id=\"9076958\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Get Started Today!<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ba20c1d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ba20c1d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-68c67c8\" data-id=\"68c67c8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c07b102 elementor-align-justify elementor-widget elementor-widget-button\" data-id=\"c07b102\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/optionfinancial.com\/home-purchase-qualifier\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Get Qualified<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ffd9d0a\" data-id=\"ffd9d0a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-106e905 elementor-align-justify elementor-widget elementor-widget-button\" data-id=\"106e905\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/optionfinancial.com\/refinance-rate-checker\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Rate Checker<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Homebuying Guide As a first-time homebuyer, you may be feeling overwhelmed by the process. We&#8217;re here to help make things as easy as possible. Our guide will walk you through everything you need to know, from finding the right property to getting the keys in your hand. With our help, you can confidently take this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/optionfinancial.com\/wp-json\/wp\/v2\/pages\/1805"}],"collection":[{"href":"https:\/\/optionfinancial.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/optionfinancial.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/optionfinancial.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/optionfinancial.com\/wp-json\/wp\/v2\/comments?post=1805"}],"version-history":[{"count":13,"href":"https:\/\/optionfinancial.com\/wp-json\/wp\/v2\/pages\/1805\/revisions"}],"predecessor-version":[{"id":2348,"href":"https:\/\/optionfinancial.com\/wp-json\/wp\/v2\/pages\/1805\/revisions\/2348"}],"wp:attachment":[{"href":"https:\/\/optionfinancial.com\/wp-json\/wp\/v2\/media?parent=1805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}