You can get a loan.

You can get a loan.

Jan 18, 2017 | No Responses

Would you like to be in control of you and your families living situation for the next thirty years, but you’re unsure if you can make it happen? You are not alone,  renters everywhere are leaving their fate in the hands of someone else. Many of them have the ability to take the reigns of their housing situation, they just don’t know it. Take our friends Michael and Cindy.

Michael and Cindy have always dreamed of owning their own home. They’ve been renting, helping someone else build equity, and having no control over their housing situation. They have looked online, window shopped at open houses, and have an idea of what they want. They know its going to cost them around $300,000, but are both unsure whether they can even qualify for a home loan.

Buying a home can be intimidating, and they share the same fear as many, the fear that they are going to be rejected. What Michael and Cindy don’t know, is that with their combined credit score of 740, their combined income of $5,500 dollars a month, and with the $550 dollars they pay in bills each month- this home doesn’t have to be just a dream. With a 30 year loan and just 5% down they can afford this $300,000 home. Their monthly payments will only be $1895, and with over $3,000 in tax returns a year for owning their own home, it’s the same price as their rent. Also, they will be building their own equity, not building a portfolio for someone else.

Take the time to meet with one of our lenders, remember they WANT to get you a loan. After a few questions you might be pleasantly surprised what you find out.

Author: admin

Enjoyed this Post? Share it!

Share on Facebook Tweet This!