Why Do I Recommend $5,000 for First Time Home Buyer ? | Partners Mortgage | FHA VA Home Loan

Описание: First Time Home Buyers (FTHB) should ideally have at least $5,000 in savings before they start looking for a home because of the upfront costs involved in the home-buying process.
Here’s why:
🔹 Earnest Money Deposit
🔹Inspection
🔹Appraisal
🔹Possible Survey

While this $5,000 is a minimum, having even more saved is recommended, especially for the down payment and closing costs, which can add thousands more. First-time buyers should also have an emergency fund in case unexpected expenses arise.

Getting your mortgage pre-approval is your first step in the home buying process and part of getting pre-approved is having your credit pulled. By registering with OptOutPrescreen.com early on you will avoid the annoying and endless marketers that the credit agencies will sell you information to.

When you apply for a loan the credit reporting agencies WILL sell your information to marketers so that you receive unsolicited calls, texts and emails. To avoid receiving hundreds of calls, texts and emails daily, register with OptOutPrescreen.com. Their service is FREE and takes about 5 business days to go into affect.

Opt Out Prescreen: https://www.optoutprescreen.com/

My Opt Out Prescreen Video Link:    • Do This Before You Start Shopping For A Ne...  

Why do I recommend $5,000 for FTHB:    • Why Do I Recommend $5,000 for First Time H...  

Why you want to get pre-approved before you start shopping for a new home:    • Why You Want to Get Pre-Approved for a Hom...  

Russell Cunha NMLS #2085835
Licensed in TEXAS
Office: 903-693-0693
Application: https://russellcunha3bmortgagebrokers...

3B Mortgage Brokers
Website: https://3bmortgagebrokers.com/
Facebook:   / 3bmortgagebrokers  
Instagram:   / 3bmortgagebrokers  

Mortgage Calculator: https://3bmortgagebrokers.com/how-muc...

Russell Cunha is an independent mortgage broker who's license is held by Partners Mortgage. Partners Mortgage NMLS#2353348
Website: https://www.partnersmortgage.com/

LENDING DISCLAIMER
PRICES AND GUIDELINES ARE SUBJECT TO CHANGE WITHOUT NOTICE. SOME PRODUCTS MAY NOT BE AVAILABLE TO ALL BORROWERS. SUBJECT TO REVIEW OF CREDIT AND/OR COLLATERAL USE. NOT ALL APPLICANTS WILL QUALIFY FOR FINANCING. (IT IS IMPORTANT TO MAKE AN INFORMED DECISION WHEN SELECTING AND USING A LOAN PRODUCT. MAKE SURE TO COMPARE LOAN TYPES WHEN MAKING A FINANCIAL DECISION).