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

FIVE MYTHS ABOUT HOMEOWNERSHIP 

Myth #1 “I can’t afford a down payment.”
In the past, buying a home required a 20% down payment. But not today. In fact, 7 out of 10 first-time homebuyers make a down payment of 10% or less. 

Myth #2 “I have less-than-perfect credit, so I can’t get a mortgage.”
A less-than-perfect credit history doesn’t have to stand in your way of reaching your homeownership goals. 

Myth #3 “It’s less expensive to rent, and now may not be the right time to buy.”
In fact, you may be surprised how much home you can afford for the same rent check you're sending in now, especially when you consider the tax advantages of homeownership. And unlike rental costs, your monthly principal and interest payments will stay the same for the life of a fixed-rate mortgage. Because home prices almost always go up (and only occasionally decline), buying as soon as you’re able is typically a better strategy than trying to time the real estate market. Moreover, as a homeowner, you’ll be building wealth as your home equity grows. 

Myth #4 “The whole mortgage process is long and complicated.”
We want to make buying your first home as easy as possible. We will assist you in finding the right mortgage consultant for your needs. 

Myth #5 “I won’t be able to make my monthly payments.”
Our goal is to help you succeed financially, so we’ll assist you and your lender. Your lender will determine which loan fits your budget and your financial goals, your home will be a powerful tool in building a secure future for you and your family. 

GET PRE-QUALIFIED BEFORE YOU START LOOKING FOR YOUR HOME 

You might have an idea of the loan payment and mortgage you can afford. But will the bank feel otherwise? It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend you. 

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

- Exactly how much home or land you can afford. 

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

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

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

We help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. 

Remember: We will respect your privacy! We know this is your personal information, and we will not distribute it to anyone, other than to our preferred mortgage brokers. This service is also provided free of charge, without any obligation on your part. It is part of our job as top Pensacola, NAS Pensacola and Perdido Key real estate agents to offer services such as these. 

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

The Paradise Home Team can help you pre-qualify for your mortgage. It's our job! This is free and without obligation...