First Time Home Buyers

Purchasing first home is certainly very exciting. However, it can be a little confusing for the first time. We cut through each and every jargon and come up with a loan structure which will help you in getting your dream home in no time. At Mortgage Lowest rates, we have contacts with the corporate giants and come up with a payment plan and loan that suits your budget. In case you are a first time home buyer, you are going to escape a completely new landscape. You need to know a lot of things. You need to understand how much you will be able to afford while understanding the different types of mortgages that are available for the first time home buyers. With that thing in mind, we come with some amazing options for individuals who are seeking the very first mortgage. As the mortgage broker, our mortgage professionals will offer assistance to you in navigating the whole procedure of procuring a mortgage from the pre-approval till the closing. Contact us and we are sure to help you in finding the right loan catering to your needs.

Why choose our services

As you are going to purchase your first home, you need to ensure to make monthly payments on a regular basis for the term of the mortgage. Hence, we review your monthly budget and find out the percent of your income you require putting towards the new home. Apart from this, there are numerous costs that are associated with buying a home. A standard down payment involves paying 20% of the total price of the home for avoiding the private mortgage insurance. However, a wide number of options are available with the least down payment options. There are several hidden costs which involve discount points, origination fees, credit report fees, appraisal fees, attorney's fees, title insurance. You also require paying insurance and tax payments. Hence, it is a must to find a loan with a lower interest rate so that you can pay the loan at the least cut off from the pocket. At Mortgage Lowest Rate, we promise to find a lender that will offer you a loan at the lowest mortgage rate in accordance with your financial conditions without overburdening you. Prior to finding the right lender, we make a calculation of the amount of money you can afford to borrow. This is a prerequisite to avoid hassles at a later off stage. You get a detail on your income and outgoings for getting an idea of how much the lenders can provide you. We promise to do all the hard work for you without causing any burden. If you have a bad credit history, you do not need to worry as we will find a suitable loan for you as well.