Video – Getting A Home Mortgage
For information regarding your Home Loan contact Frank Lillo – Frank@PharusHomeMortgage.com
or visit www.PharusHomeMortgage.com
Thinking of buying a home? Just follow these two easy steps!
Step 1. Get a Loan For Your New Home
Before you begin shopping around for your new home, be sure to get your financing in place, or as we call it in the real estate world – “PreQualification”. Why is this important?
- Most Home Sellers want to know their Buyer has their financing available before showing their home
- Getting PreQualified lets a Buyer know what price range to be home searching in
- Getting PreQualified lets a Buyer know how much down payment they will need
Step 2. Get The Best Loan For Your Home
When you go grocery shopping you always make sure you have enough money to buy what’s on your list. If you have $100 in your budget you don’t put $150 worth of groceries in the cart. Buying a home can be compared to grocery shopping. Instead of buying milk, eggs, bread, etc., you’re buying a beautiful home! Before you begin your home search you should find out how much money you have available to purchase your home.
- How much money do I have available for the Down Payment?
- How much money do I qualify for with a Loan?
Down Payment – The down payment is easy to find out – It’s the amount of money you have in the bank ready to use for your home purchase.
Loan – Finding out how much a Bank will lend you can be done by visiting a Bank or Mortgage Broker. Both will be able to work with you on your loan Pre-Qualification, letting you know how much money you will be able to borrow for your home purchase.
So, should I go to a Bank or Mortgage Broker for my home loan? Banks offer home buyers loan services and products that are specific to that bank. The loan product they offer you may be satisfactory to you. However, if you’re considering shopping around to see what other loan products are available from different lending institutions, you would probably consider working with a Mortgage Broker, who is experienced in the financing world and has access to many lending resources, enabling you to get the rate and terms that work best for your situation.
Who can I contact to find out about getting financed for my new home? You can start by contacting by asking your Realtor. Realtors depend on financing to get their transactions closed and they know who can get you financed and get the deal done.
Commercial Financing Arrangement
Some of you may be looking for a Commercial loan to purchase an investment property, or to refinance a commercial property you already own. CRES Corp International offers our Clients Commercial Investment opportunities and great Commercial Financing Options.
- Acquisition Funding
- Development Funding
- Refinancing
- Medical/Healthcare
- Multi-Family
- Offices
- Hotels
Our Company strives to beat the current loan products offered by financial institutions, private capital and other lending resources. We bring the best loan scenarios to our Clients:
- Lower Interest Rates
- Higher Leverage
- Longer Terms
- Non-Recourse
- No Prepayment Penalty
For more information on Commercial Financing options, visit www.PharusFunding.com or contact Brian Hartman – 772-223-3344 – brian@pharusfunding.com.