Are you looking to purchase a new home? Come talk to the people you know you can trust, to determine how much house you can truly afford.
A mortgage will likely be one of the biggest and most important long term financial commitments you will ever make. When you start looking for that new home, it is a good idea to first find out how much you can truly afford to borrow before you talk to a Realtor to look at homes.
Stop in to talk with one of our mortgage specialists at Deerwood Bank today and get pre-approved. We will walk you through the pre-approval and home buying process. With a good understanding of your income, savings and debt load, we can advise you as to the maximum amount you can afford to spend on a new home. If you already have a particular home in mind, we will discuss your financing options to make your dream of buying a new home a reality.
We will talk with you to help you understand the importance of how points, APR, fixed or adjustable rates and the length of the loan term provide the proper foundation of a construction loan that will stand the test of time.