Mistakes To Avoid With Your First Home Mortgage – New Florida Mortgage

The home buying process can seem overwhelming, especially for first time home buyers. From determining how much you can afford to spend, understanding the mortgage process and getting prequalified to deciding exactly what you’re looking for in a house and finding the perfect house to call home, there are many steps to purchasing your first home.

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My name is Brock Walradth and I am the production manager at GVC Mortgage. What are the top 3 mortgage mistakes to avoid when purchasing a home? When a consumer is applying for a mortgage, they need to really focus on stability. So the three tips I would give someone is: 1. Have stability with your job

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 · Summing Up First Time Home Buyer Mistakes To Avoid. Buying a home is unlike any other type of purchase. If you decide that you don’t like the home a week, or month, or year after you buy it you cannot simply return it to the previous owner and get a refund. Take the time to investigate various homes and to really look at your overall budget.

6 First-Time Home Buyer Mistakes to Avoid Share Buying a home is one of the biggest financial decisions you’ll make in your life – and one of the largest sources of stress for many first-time buyers is the financing process.

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By avoiding these mistakes, you can put your home-buying butterflies to rest. #1 Finding Your Home Before You Find Your Mortgage How Much It Could Cost You: Enough to send your future kid to college. Seriously, over the life of the loan, you could end up paying tens of thousands of dollars more in interest and fees than you need to.

Let’s look at some common mistakes you should avoid when looking for your first home. Don’t rush into anything. It’s important not to rush into what you think is a great deal only to suffer buyer’s remorse once the paperwork has been signed.

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