The Mortgage Bus Presents: 5 Things That Keep The First Time Home Buyer In-The-Know

1. Know who you are working with. Develop a relationship with your realtor. Make sure he or she is willing to educate you about what is available in the market, knows the area well and can spend time helping you find the house of your dreams.

2. Work with an experienced mortgage broker or banker. Even though it might seem like you’re making another expenditure here, a credible broker will be able to help find the right payment, identify the best financing options and overcome any credit challenges you might have.

3. Talk to your realtor and mortgage broker before you start house hunting. Take any necessary steps to be pre-qualified for a loan. Knowing what you can comfortably afford will save you a lot of financial and emotional stress in the future.

4. Know exactly what you are looking for in a home. Consider size, bathrooms, location and school systems, as well as homeowner’s association guidelines and what the demographics of the neighborhood are.

5. Get the house inspected by a reputable inspection company. An inspection is extremely important because it will make you aware of any issues the house currently has or might be prone to developing in the future. Keep unwanted, and often costly, surprises at bay. Your realtor should be able to recommend several inspection companies to you.

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About The Mortgage Bus: The Mortgage Bus is the vision of Fredrick Hicks. Hicks, in association with Lisa Hunter of Sterling-Ascott Realty, have a combined 28 years of real estate and mortgage lending experience. The Mortgage Bus maintains partnerships with a variety of industry professionals who provide the best solutions to their clients.

On The Mortgage Bus, clients are introduced to The Mobile Advantage: a revolutionary concierge service where mortgages, real estate sales and loan closings are offered in a relaxed and convenient mobile environment. Clients can complete a loan application, select an interest rate and close their real estate transaction onboard the bus. In addition to helping with loans, The Mortgage Bus is available for realtor home tours, first-time home buying seminars, credit counseling workshops and more. For more information about The Mortgage Bus, or to have Fredrick Hicks speak at your next function, send an email to info@themortgagebus.com or call 888-80-GO HOME.