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Quick steps to owning your own home


1.)          Consider the location where you would like to live. Safety, schools, and proximity to work are some key things to keep in mind as you decide.
 
 
2.)          Select ekeRealty® to assist you in finding the type of home that would meet your expectations and within your budget.
 
 
3.)         

Get pre-approved by our qualified loan officers.  You may also use others, like those from your bank or your financial institution.

 
 
4.)          Employment verification. Lenders want to know that you would be able to sustain the monthly payments on your loan.
 
 
5.)          Credit Report.  Bad credit will not stop you from owning a home as long as you have a good source of income.
 
 
6.)          Closing costs.  Property tax, insurance, title fees, and down payment are the major closing costs. Depending on your loan, it may only cost you your monthly mortgage payments to own a home.

 



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Did You Know?
 

WRAPAROUND MORTGAGE is a secondary financing option in which new money borrowed is blended with money already owed and registered on title to the property. A second mortgage is registered as security for the new money but the old mortgage remains in existence and the rate of interest is a blend of the rate chargeable on the old mortgage and the rate chargeable on the newly borrowed money.

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