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When Keshia first called us, she was completely new to the home buying process. Used to renting, Keshia was a young borrower in her late twenties who decided it was time to buy a home that she could raise her child in. Aside from knowing close to nothing about the home buying process, she knew she wanted a place to call home for her and her little one. She was looking to move into a permanent home with a good school system for her soon-to-be student.

Many homeowners have embraced the internet as a way to secure their new mortgage loan. Whether looking to purchase a new home, or simply looking to refinance or restructure existing debt, the internet has proven to be a much more convenient way to complete the mortgage process.

Buying a home can be fun and exciting but can also come with some stress if you are not properly prepared. Here are five steps to best prepare yourself for buying your new home!

Twenty years ago, I was blessed with the opportunity to start my career in mortgage banking industry.  When first hired as a Licensed Loan Advisor, I was given the opportunity to spend all day, every day, talking to customers about their short and long-term financial objectives and I was responsible for recommending customized loan options that changed lives. 

What kind of financial goals have you set for yourself? Saving for retirement? Paying off a car? Maybe just padding your savings account? Financial goals help lead to better financial health, which means breathing a little easier and dealing with less money-related stress.

Education:  It’s the best way any potential borrower can help themselves before either purchasing or refinancing a home. One of the main areas where people are not fully educated is in regard to the advertisements that they see, hear, or read. The million dollar question you may ask yourself is, “Are these ads legit or are they just pulling my leg?”