Best Ways to Build Your Down Payment

The Best Ways to Build a Down Payment 732.500.6883 JGraff.AdvisorsMortgage.com One of the biggest hurdles for many prospective home buyers is finding a way to accumulate enough money for a down payment. Here are some suggestions on ways to raise the funds that you'll need: Start by minimizing nonessential expenditures and get in the habit of paying with cash and not buying things you can't pay for immediately. Talk to your parents or relatives. They may be willing to make a private loan to you or they may be willing to cosign on a mortgage. If you have a whole life insurance policy, you can look into borrowing against its cash value. If you own other real estate, you could borrow against your equity. Consider selling personal items such as a second car or boat. Consider having an amount withheld from your paycheck and direct deposited into a savings account. Pay down high interest credit cards and limit your credit card use. With some discipline and creative strategies you will be well on your way to saving enough for a down payment. Please feel free to contact me to discuss: 732.500.6883 Or get started with a personalized rate quote: JGraff.AdvisorsMortgage.com

What is a VA loan?

A V.A. loan is a mortgage loan guaranteed by the U.S. Department of Veterans Affairs and issued by approved lenders. https://JGraff.AdvisorsMortgage.com VA loans help veterans, active duty military members and their families purchase homes or refinance their mortgages. In order to obtain a VA loan, you must have: - suitable credit, - sufficient income and - a valid certificate of eligibility (C.O.E.). The home you are purchasing must be for your own personal occupancy but VA home loans can be used to build a home, buy a home or condominium unit in a VA approved project, buy a manufactured home or lot, simultaneously purchase and improve a home, or to improve a home by making energy efficient improvements. In order to be eligible, you must have been discharged under conditions other than dishonorable and meet qualification requirements which can be obtained from the VA. The spouse of a veteran can also apply for a VA home loan under certain conditions. To know if you meet the requirements for a VA loan contact the U.S. Department of Veterans Affairs. Please always feel free to call and discuss anytime: 732.500.6883 Or contact me, find out more, get rate quotes and other mortgage help through our website: https://JGraff.AdvisorsMortgage.com #valoan #valoans #veteransaffairsloan #veteranaffairsloans #certificateofeligibility #coe #usdepartmentofveteranaffairs #veteran #veterans #activeduty #activedutyilitary #discharged #energyimprovements #manufacturedhome #approvedlenders #credit #income #mortgage #mortgages https://958.prequalifyme.today for no SS#/hassle/obligation help FREE Real Estate tips: http://RealEstateWithAdvisorsJG.com FREE Guides: Home Buying-https://bit.ly/33UTW2K Home Selling-https://bit.ly/3mTvLuv FREE “INSTANT” HOME VALUE: http://HomeValuesWithAdvisorsJG.com PREQUALIFY for loan: https://bit.ly/2GuyvgQ APPLY for loan: https://bit.ly/2HH6cwi 732-500-6883 https://JGraff.AdvisorsMortgage.com/contact https://facebook.com/nmls1974758 FREE MORTGAGE CALCULATORS: https://JGraff.AdvisorsMortgage.com/calculators FREE current copy of my periodical eMag: "HOME LOANS NEWS": https://1drv.ms/u/s!Al3KFhVmz0hu8zVpDugzDgdYmOiv?e=RMwEP1 And FREE subscription for anyone interested in receiving it via email - just instant message me your email address - no hassle/obligation - cancel anytime - absolutely FREE! "I wrote the book on home loans...;o)" - James H. Graff FREE "beta/test" copy of my new 70+ page, pdf Ebook "HOME LOANS: LINKS to lots of FREE guides, tips, info, advice on virtually ALL current aspects of buying, selling and financing a home" FREE copy: https://1drv.ms/u/s!Al3KFhVmz0hu8zh4BHmqfOrEdO9U?e=2kbvT4 HOME LOANS James Graff NMLS# 1974758 Advisors Mortgage Group, L.L.C. NMLS# 33041 2899 Highway 35 North Hazlet N.J. 07730 In 34 states of The United States of America: AZ CA CO CN DE D.C. FL KS KY IL IN ME MD MA MI MN NJ NY NC OH OR PA RI SC SD TX VT VA WA WV Cash out refinance, debt consolidation, renovation loan, reverse mortgage, pre-qualify, pre-approval letter, FHA VA USDA HELOC HECM FNMA Fannie Mae FHLMC Freddie Mac... #mortgages #mortgage #marketupdate #refinance #homebuying #realestate #homeownership #advisors #marketupdates #homeloan #homeloans #debtconsolidate #realtor #realestateagent #agent #mortgagecalculator

What if you can't make your mortgage payments?

What if you can't make your mortgage payments? https://JGraff.AdvisorsMortgage.com If you can't pay your mortgage or are worried about missing a mortgage payment, call your lender right away. The longer you wait to call, the fewer options you will have. When you call your lender be prepared to explain why you are unable to make your payment, whether the problem is temporary or permanent, and details about your income expenses and other assets like cash in the bank. Many mortgage services have programs to help people avoid foreclosure. Your lender will look at your situation to consider options that might be available. You may be asked to fill out a mortgage assistance application. After the lender reviews the complete application, it will let you know what loss mitigation options - if any - it will offer to you. Please reach out and contact me, I am always eager to help: 732.500.6883 JGraff.AdvisorsMortgage.com #mortgagepayments #missedmortgagepayments #foreclosure #foreclosurehelp #foreclosureprevention #mortgage #loan #lender #mortgagetips #mortgageservices #mortgagemadeeasy #advisorsmortgage #mortgageassistance #mortgagesmadeeasy #mortgagesmadesimple

https://958.prequalifyme.today for no SS#/hassle/obligation help FREE Real Estate tips: http://RealEstateWithAdvisorsJG.com FREE Guides: Home Buying-https://bit.ly/33UTW2K Home Selling-https://bit.ly/3mTvLuv FREE “INSTANT” HOME VALUE: http://HomeValuesWithAdvisorsJG.com PREQUALIFY for loan: https://bit.ly/2GuyvgQ APPLY for loan: https://bit.ly/2HH6cwi 732-500-6883 https://JGraff.AdvisorsMortgage.com/contact https://facebook.com/nmls1974758 FREE MORTGAGE CALCULATORS: https://JGraff.AdvisorsMortgage.com/calculators FREE current copy of my periodical eMag: "HOME LOANS NEWS": https://1drv.ms/u/s!Al3KFhVmz0hu8zVpDugzDgdYmOiv?e=RMwEP1 And FREE subscription for anyone interested in receiving it via email - just instant message me your email address - no hassle/obligation - cancel anytime - absolutely FREE! "I wrote the book on home loans...;o)" - James H. Graff FREE "beta/test" copy of my new 70+ page, pdf Ebook "HOME LOANS: LINKS to lots of FREE guides, tips, info, advice on virtually ALL current aspects of buying, selling and financing a home" FREE copy: https://1drv.ms/u/s!Al3KFhVmz0hu8zh4BHmqfOrEdO9U?e=2kbvT4 HOME LOANS James Graff NMLS# 1974758 Advisors Mortgage Group, L.L.C. NMLS# 33041 2899 Highway 35 North Hazlet N.J. 07730 In 34 states of The United States of America: AZ CA CO CN DE D.C. FL KS KY IL IN ME MD MA MI MN NJ NY NC OH OR PA RI SC SD TX VT VA WA WV Cash out refinance, debt consolidation, renovation loan, reverse mortgage, pre-qualify, pre-approval letter, FHA VA USDA HELOC HECM FNMA Fannie Mae FHLMC Freddie Mac... #mortgages #mortgage #marketupdate #refinance #homebuying #realestate #homeownership #advisors #marketupdates #homeloan #homeloans #debtconsolidate #realtor #realestateagent #agent #mortgagecalculator

What is earnest money and how much should I set aside?

What is earnest money and how much should I set aside? https://JGraff.AdvisorsMortgage.com Earnest money is money that you put down to demonstrate your intent to buy a home. It must be substantial enough to demonstrate good faith and is usually between 1 to 5% of the purchase price though the amount can vary according to local customs and conditions. If your offer is accepted the earnest money becomes part of your down payment or closing costs. If the offer is rejected your earnest money is returned to you. If you back out of the deal you may forfeit the entire amount. Call me today to discuss: 732.500.6883 ...or click here to get in touch, get quotes or apply now: JGraff.AdvisorsMortgage.com #earnestmoney #EarnestMoneyDeposit #forfeit #downpaymentassistance #downpaymentoptions #mortgage #loan #AdvisorsMortgageGroup #firsttimehomebuyer #closingcosts #realestate #homeownership

Selecting the right mortgage for your needs.

To select the mortgage that is right for you, shop around, compare your options and get prequalified. https://958.prequalifyme.today for no SS#/hassle/obligation help https://JGraff.AdvisorsMortgage.com Conventional and government backed mortgages are the two most popular types of mortgages. Conventional mortgages are offered with both fixed and adjustable rates with 15 or 30 year terms and typically require a down payment of at least 10%. A fixed rate mortgage is exactly what it sounds like: a loan with an interest rate that doesn't change over the life of the mortgage. An adjustable rate mortgage is also sometimes called a variable rate mortgage. You pay a lower interest rate initially but the rate can change over time. Government backed mortgages are available with as little as 3.5% down and accept buyers with less than perfect credit. VA loans are also available to qualified U.S. military veterans and available with little or no money down. Before you start your home search talk to a mortgage lender to get prequalified. If you need help finding a lender or have questions about the loan process, talk to your realtor. #realestate #advisors21 #realestategoals #firsttimehomebuyer #housingmarket #mortgage #loan #conventional #governmentloan #FixedRateMortgage #variablerate #VALoan #prequalification #preapproval #preapprovalletter #loanofficer #mortgageloanoriginator #advisor

Choosing a 15 or 30 Year Mortgage

https://958.prequalifyme.today for no SS#/hassle/obligation help Choosing a 15 or 30 year mortgage. https://JGraff.AdvisorsMortgage.com Which mortgage loan is best for you? Here are the advantages of 2 common options: 30 year fixed rate mortgages are traditionally the most popular. They are easier to qualify for and 30 year loans feature lower monthly payments. This allows you to qualify to purchase a higher price home and leaves more money in your household budget for other expenses. Now let's talk about the advantages of 15 year fixed rate loans. 15 year mortgages have lower interest rates, meaning you'll pay much less interest over the life of the loan and they give you an opportunity to own your home debt free 1/2 the time. However, monthly payments on 15 year loans are higher, so if you choose a 15 year loan make sure you have the financial ability to handle any unexpected financial crisis you may encounter in the future. Keep in mind that the average mortgage life is 5 to 10 years. Most mortgages don't go the full term because the homeowner either sells their home or refinances. Regardless of the mortgage you choose, you should always plan to have your mortgage paid in full by the time you retire. #mortgage #choosingamortgage #15yearmortgage #30yearmortgage #loanofficer #mortgageloan #homeloan #MortgageBasics #realestate #realestateadviceFREE Real Estate tips: http://RealEstateWithAdvisorsJG.com FREE Guides: Home Buying-https://bit.ly/33UTW2K Home Selling-https://bit.ly/3mTvLuv FREE “INSTANT” HOME VALUE: http://HomeValuesWithAdvisorsJG.com PREQUALIFY for loan: https://bit.ly/2GuyvgQ APPLY for loan: https://bit.ly/2HH6cwi 732-500-6883 https://JGraff.AdvisorsMortgage.com/contact https://facebook.com/nmls1974758 FREE MORTGAGE CALCULATORS: https://JGraff.AdvisorsMortgage.com/calculators FREE current copy of my periodical eMag: "HOME LOANS NEWS": https://1drv.ms/u/s!Al3KFhVmz0hu8zVpDugzDgdYmOiv?e=RMwEP1 And FREE subscription for anyone interested in receiving it via email - just instant message me your email address - no hassle/obligation - cancel anytime - absolutely FREE! "I wrote the book on home loans...;o)" - James H. Graff FREE "beta/test" copy of my new 70+ page, pdf Ebook "HOME LOANS: LINKS to lots of FREE guides, tips, info, advice on virtually ALL current aspects of buying, selling and financing a home" FREE copy: https://1drv.ms/u/s!Al3KFhVmz0hu8zh4BHmqfOrEdO9U?e=2kbvT4 HOME LOANS James Graff NMLS# 1974758 Advisors Mortgage Group, L.L.C. NMLS# 33041 2899 Highway 35 North Hazlet N.J. 07730 In 34 states of The United States of America: AZ CA CO CN DE D.C. FL KS KY IL IN ME MD MA MI MN NJ NY NC OH OR PA RI SC SD TX VT VA WA WV Cash out refinance, debt consolidation, renovation loan, reverse mortgage, pre-qualify, pre-approval letter, FHA VA USDA HELOC HECM FNMA Fannie Mae FHLMC Freddie Mac... #mortgages #mortgage #marketupdate #refinance #homebuying #realestate #homeownership #advisors #marketupdates #homeloan #homeloans #debtconsolidate #realtor #realestateagent #agent #mortgagecalculator