Mortgage

Evaluate your budget to determine how much you can afford to spend on a monthly mortgage payment. Consider your income, existing debts, and other financial obligations.

Mortgage Types:

Fixed-Rate: Offers a stable interest rate and monthly payments over the life of the loan, providing predictability.

ARM: Typically starts with a lower interest rate that may change over time, potentially affecting monthly payments.

 FHA (Federal Housing Administration): Insured by the FHA, often requiring a lower down payment but with additional mortgage insurance costs.

VA (Veterans Affairs): Available to eligible veterans and offers favorable terms, including zero or low-down payment options. Click the button to know more about VA Benefits: CLICK HERE

Conventional: Not government-insured, usually requiring a higher down payment but may have fewer restrictions.