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Chris Brown, P.A., REALTORŪ, real estate agent and broker for Orlando Florida home listings, property and land for sale - NUMBER1EXPERT(tm)


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All agents are NOT alike! Let my over 21 years of experience benefit you by calling me at 407-383-9768.



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Mortgage Prequalification: Orlando Florida home buying, real estate listings, and homes for sale in Seminole                       County, FL
Welcome > For Buyers > Mortgage Prequalification ...


Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend!
 

You might have an idea of the payment and mortgage you can afford. But will the lender feel otherwise? In a Seller?s market, it's always best to get pre-approved for your mortgage so you know exactly how much a financial institution is willing to lend you and it will give you the upper hand if you are not the only buyer for a home! 

In the pre-approval process, you will find out: 

- Exactly how much home you can afford. 

- How much cash you will need for the down payment and closing costs. 

-Which of the many loan programs available is in your best interest. 

- The minimum down payment, and advantages of higher down payments. 

- What the lender feels you can afford for a monthly payment. 

I help buyers to get pre-approved for mortgages every day-it?s part of my service to you. Simply fill out the form below to get started. 

Remember: I will respect your privacy! I know this is your personal information, and I will not distribute it to anyone, other than a qualified mortgage lender. This service is also provided free of charge, and without any obligation on your part. It is part of my job as your Real Estate Consultant. 

Once you fill out the form, I will quickly process your information and get right back to you!
 

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Real Estate Tips
First Time Buyers >The Seller May Pay

The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.

One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.

Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.

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Chris Brown, P.A., REALTORŪ, real estate agent and broker for Orlando Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

The Chris Brown Team
Keller Williams Heritage Realty

2015 West S.R. 434
Longwood, FL 32779
Toll Free: 800-600-1178 ext. 1825
Direct Phone: 407-383-9768
Fax: 407-478-1826
Email: ChrisBrown@Realtor.com

Our Philosophy at The Chris Brown Team is to treat you like a client rather than just a customer. This mindset provides you with a much higher level of service. We specialize in relocating families to the Orlando area. We provide expert buyer representation, mortgage consultation, school information, relocation information and concierge level service (utility transfers, home cleaning services, handyman) to aid in your transition. By doing this we build relationships for life.

ABR CRS GRI ePro MLS REALTOR


  Keller Williams Heritage Realty real estate and homes for sale in Orlando Florida  

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