Your Down Payment, Closing Costs availability, and Payment Preferences. There are lots of plans that will get you a loan for x amount of dollars down and for x dollars per month. My job is to find the plan and option that will accomplish this while furthering your best interests.

Your Income, Expense and Credit Qualifications. Your credit history may make certain options available and certain options unavailable. My job is to help you close on the best loan you can qualify for.

Your Probable Term of Ownership. If you may be a short term owner it may be best to take a higher rate and a lower closing cost (no or limited cost loan). If you are sure you will be a short term owner we can compare balloons and arm to fixed rates and assess the risks and rewards of taking a non fixed rate loan.

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Your State and Federal Marginal Tax Rate. Your tax status plays an often determining role in choosing your most appropriate loan. People with low tax rates and minimal tax write-offs typically get more relative benefit out of paying extra costs to get lower rates (but often they don't have the extra cash to do it). People with high tax rates and high tax write-offs typically get more relative benefit out of paying less in costs by taking higher rates with higher tax deductible interest - without analysis this probably will be counter intuitive to you.

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Your Alternative Investment Options and Goals. If you are a lead pipe cinch to do well at investing you may want to choose a longer term or larger loan to free up more monthly money to invest. If you are a horrible investor afraid of all markets, a shorter term, smaller loan may be just the investment for you - but we need to make sure that you will still have the income to withstand emergencies and be able to come up with cash for opportunities.

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Do you have more questions or Are you Ready to get started? Call (651) 426-7374 or visit our Get Started page!

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