Proven, Honest Answers
Purchasing your home is a very exciting time, and being well-prepared will help you make the best decisions. Take this opportunity to learn all you can about home buying and the mortgage process. For answers to even more of your questions, call us at (908) 403-1983 or visit our Frequently Asked Questions page.
Am I Really Ready to Buy?
If you’re asking this question, chances are you’re ready. A common myth is that monthly mortgage payments are more expensive than rent - they can often be less expensive. And remember, every payment you make towards a mortgage builds more and more equity into a home of your own. Kingdom First can help you decide whether buying makes financial and practical sense to you. You can start by taking a look at the Types of Loans we currently offer.
How much “house” can I afford?
The first step you should take toward finding the right home is to compute your personal purchasing power. This will help you determine a reasonable monthly payment which you can comfortably afford. Finding out this information will not only help you save time in the present (by focusing on homes within your price range), but also save you from future frustrations. Use our Affordability Calculator to get started.
How do I secure a Pre-Approval?
This is a great question that many potential home buyers overlook. Before you begin the search for your new home, it’s imperative you secure a pre-approval from an experienced company like Kingdom First. A pre-approval will show real estate professionals that you are a serious buyer. We can provide you with some answers when you fill out our simple Quick Quote form.