Finance the Home of Your Dreams! (Non Reverse Mortgage Info)

HELP FOR BUYING A HOME - First time home buyer-- Diverse products have evolved so virtually anyone can own a home. There are, however, certain criteria. And there are times when it's not as easy as you think. Lenders can have strict criteria for homebuyers, and first time home buyers need to garner information and learn how to qualify. Tips for Buying a New Home.

How much money will I have to come up with to buy a home? "Well, that depends on a number of factors, including the cost of the house and the type of mortgage you get. In general, you need to come up with enough money to cover three costs: earnest money - the deposit you make on the home when you submit your offer, to prove to the seller that you are serious about wanting to buy the house; the down payment, a percentage of the cost of the home that you must pay when you go to settlement; and closing costs, the costs associated with processing the paperwork to buy a house." (More info) (Glossary)

FACTORS THAT AFFECT APPROVAL
:
• Credit history - no credit history, too short a credit history, poor credit history (judgments, etc.).
• Income Factors - high debt to income ratio (too little income for the amount of your financial obligations). • Keep your credit cards at 30% of their credit limit. • Other Factors: appraisal issues, title issues, occupancy issues.
What do lenders require?

Owning a home is an adventure. We're here to help in any way we can.

Speaking with a mortgage professional is the best way to obtain accurate information. If you would like Kathie Adler to contact you to review various loan programs, call
1-888-843-9797.

When should you buy a home? Buy a home when you can afford to pay for it. A loan insured by FHA (the Federal Housing Authority) has a minimal down payment. More information: Hud.gov - click here.
Refinance-click here --- Poor Credit-click here

 • Free Mortgage information, call 1-888-843-9797

KATHIE ADLER - Senior Reverse Mortgage Specialist
Over 12 years Reverse Mortgage Experience
Mortgage Loan Originator -New York - New Jersey - NMLS 65780
Call Kathie: 1-888-843-9797 - Cell: 631-804-9044
Advisors Mortgage Group, LLC
1045 Route 109, Suite 104, Lindenhurst, New York 11757
  www.ReverseMortgageLI.com www.AdvisorsMortgage.com
Reverse Mortgage New York, Reverse Mortgage Jersey
NJ Reverse Mortgage - Answering Your Questions

Understanding Reverse Mortgages is possible!  Reverse Mortgage Helpline provides information about Reverse Mortgages... Free Reverse Mortgage seminars and in home consultations help provide senior homeowners with factual information about possible retirement or the financial benefits of a Reverse Mortgage. Reverse Mortgages are sometimes called senior mortgages for senior citizens. Advisors Mortgage Group, LLC is a Multi-State Mortgage Banker with Headquarters located in Central New Jersey with offices throughout the US.  Headquarters: 1411 Highway 35, Ocean, NJ 07712. New York Mortgage Broker License: 206697.  Licensed by the N.J. Department of Banking and Insurance.  Licensed Lender and Secondary Mortgage Lender no. 631155.  (FHA License #1548300002). Advisors Mortgage NMLS 33041, Licensed Mortgage Banker-NYS Department of Financial Services, Registered Mortgage Broker-NYS Department of Financial Services. Kathleen Adler, Mortgage Originator, NMLS Identifier 65780. Website designed and maintained by Adler Web Design Copyright 2008 - All Rights Reserved. Note: Website authorization by New York State Dept. of Financial Services is pending. Until this website is authorized, no mortgage loan applications for properties located in New York will be accepted through this site.