Local Lenders
Elsa Retana-Tindell
Wallick & Volk Mortgage Bankers
Phone: 254-772-5430
https://elsaretana.wvmbwaco.com/
Amy Jaynes
CMG Financial
Phone: 254-223-1179
https://www.cmghomeloans.com/mysite/amy-jaynes
Cheryl Rodriguez
Fairway Mortgage
Phone: 254-312-2015
https://woodgroupmortgage.com/staff/rodriguez-cheryl-464452
Sean Hammond
The Wood Group of Fairway Independent Mortgage
Phone: 512-306-8502
https://woodgroupmortgage.com/staff/hammond-sean-218702
Get a Mortgage Pre-Approval
An important ingredient in a successful home search is knowing how much you can afford. You don’t want to fall in love with a property only to find out it’s outside your price range.
That’s why we recommend getting a Mortgage Pre-Approval. This is a document from your bank or other lender stating how much of a mortgage they are willing to give you. There are two advantages to getting this pre-approval:
- It gives you the peace-of-mind of knowing you can afford homes you view on the market, and won’t have problems arranging financing.
- It’s a sign to sellers that you are a serious, prepared buyer – which gives you the edge when making an offer.
You can arrange for a Mortgage Pre-Approval with your bank or other lender, or by working with a good mortgage broker. We’re well-connected in the local real estate scene, have provided direct links above for recommend reputable mortgage brokers and lenders. If you have additional questions about this process, please contact us.
How Much Home Can You Afford?
Banks and lenders use specific criteria to determine how much of a mortgage they’re willing to offer you. They look at your income, expenses, credit history and employment status, as well as the down payment you plan to make on a home. It may seem like a scary process, but it is actually straightforward. You can usually get a Mortgage Pre-Approval in a day. You’ll be glad that you did.
By knowing what you can afford, you can confidently shop within that price range. For example, if you qualify for a $250,000 mortgage, and you have another $100,000 available as a down payment, you can look for homes in the $350,000 range.
Have questions about arranging financing? Please submit the form below or call or email us.