Live the homeownership dream in 2024
Are you ready to say goodbye to apartment living and enjoy the homeownership dream this year? Here are a few steps to help you get started.
Understand what you can afford.
Make the most of your home shopping time by first determining your budget. Mortgage lenders look at your total financial picture to determine what you can afford. That includes any existing debt, your credit history, job stability, income, assets and more.
Because each type of mortgage program has specific requirements, it is important to enlist the help of a knowledgeable mortgage company like Tri Pointe Connect®, the affiliated mortgage company of Tri Pointe Homes®. A new home loan consultant can walk you through the mortgage process, the various available loan programs, as well as what to expect at closing.
Get pre-qualified.
Think of pre-qualification as your priority home shopper status. Pre-qualification helps you zero in on properties for which you are qualified and puts you one step closer to having the opportunity to purchase the new home of your dreams.
To become pre-qualified, your new home loan consultant will review your income, assets, and financial and credit history. Atwell buyers who complete the pre-qualification process and receive a positive pre-qualification assessment join the priority group for their desired community.
Protect your credit.
While it’s exciting to shop for new furnishings for your Atwell dream home, if you plan to charge those items, consider this your “window shopping only” time. Lenders often run one last credit check prior to the loan closing to be sure nothing has changed in your financial picture so it is important that you not make major financial changes before your loan closes. Resist the urge to make major purchases or open new credit cards. If you are considering a job change, hold off if possible until you are comfortably settled in your new Atwell home!
Is a new home on your 2024 bucket list? Getting pre-qualified and joining the priority group at your desired neighborhood in Atwell puts you that much closer to the home of your dreams.
Are you dreaming of a new home where you can connect with nature and a vibrant community? Contact an Atwell New Home Specialist at (951) 458-6155 today.
ALL MATERIALS HAVE BEEN PREPARED FOR GENERAL INFORMATION PURPOSES ONLY. NOTHING HEREIN CONSTITUTES LEGAL, FINANCIAL, TAX OR ANY OTHER TYPE OF ADVICE AND IS NOT TO BE ACTED ON OR RELIED UPON AS SUCH. INFORMATION MAY NOT BE CURRENT OR COMPLETE, AND IS SUBJECT TO CHANGE WITHOUT NOTICE. NOTHING IN THE FOREGOING CONSTITUTES A WARRANTY OR GUARANTEE.