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Timber Wolf Realty, Inc.

Timber Wolf Realty, Inc.
Fairplay, CO 80440
719-836-2000
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Avoiding Financial Stress

By asking the right questions, and knowing exactly what your needs are, you can find the right loan for you. There are certain approaches that you can take while mortgage shopping that can cost or save you money.

It is still true that the better qualifications you have, the lower your interest rate will be. However, there are mortgages available for almost everyone; it's the interest rates or the down payments that vary.

Before speaking with a lender, know what monthly dollar amount you feel comfortable committing to. Then when you discuss mortgage pre-approval with your lender, it is easier for you to determine the monthly amount and what value of home the monthly amount translates into. Do not put yourself in the position where you will be paying more each month than you intended simply because the dream home requires it.

Do your research on the types of mortgages available to you and find the one that best suits your needs. There are a number of considerations to be made in terms of finding the best mortgage for each individual:

  • What type of market are you in? Are the interest rates falling or rising?
  • Do you want a fixed mortgage rate, where you will always know what your payment is going to be?
  • What are your long-term goals? Do you intend to resell the property? Do you only need the mortgage for a short time?
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Timber Wolf Realty, Inc. | 719-836-2000 | Email Us
P.O. Box 1555, 691 Main St. - Fairplay, CO 80440
Copyright © 2017, All Rights Reserved

Certified Negotiation Expert Certified Value Specialist

 

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This website including all text and pictures is copyrighted material and cannot be reproduced in any way without the express written consent of Timber Wolf Realty, Inc.  All rights reserved worldwide.

  Fair Housing/Equal Opportunity

Timber Wolf Realty advertises all our properties with the following companies (all names & logos are copyrighted and licensed by their respective companies...all rights reserved worldwide).  Please note that not all properties will be on all sites...some companies have restrictions on what they will put on their site (for example, one site will only advertise a property that has a lake, pond, river, or stream on the property).  However, if a property meets their required criteria, then it will be advertised on that site.

 

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