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Gene & Rebekah Rivers, REALTORŪ, real estate agent and broker for Tallahassee, Wakulla and Crawfordville Florida home listings, property and land for sale - NUMBER1EXPERT(tm)


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Mortgage Prequalification: Tallahassee, Wakulla and Crawfordville Florida home buying, real estate listings, and homes for sale in Leon                           County, FL
Welcome > For Buyers > Mortgage Prequalification ...


Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend!
 

You might have an idea of the payment and mortgage you can afford. But will the bank feel otherwise? It's always best to prequalify for a mortgage so you know exactly how much a financial institution is willing to lend you. 

In the prequalification process, you will find out: 

- Exactly how much home you can afford. 

- How much cash you will need for the down payment. 

- The minimum down payment, and advantages of higher down payments. 

- What the bank feels you can afford for a monthly payment. 

The Rivers Team helps buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. 

Remember: we will respect your privacy! We know this is your personal information, and we will not distribute it to anyone, other than a qualified mortgage broker. This service is also provided free of charge, and without any obligation on your part. It is part of our job as a Realtor. 

Once you fill out the form, we will quickly process your information and get right back to you!
 

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Real Estate Tips
First Time Buyers >Affording A Home

Are you getting ready to buy your first home? It is important to know how much you can afford before you begin looking at properties. Talking with a lender and getting pre-approved for a loan puts you in a stronger negotiating position with sellers.

As a rule, your monthly housing costs should not exceed 28% of your monthly pre-tax income. These costs include the mortgage payment, real estate taxes, and insurance. If you have long-term debts, such as student loans or car payments, your monthly payments, including your housing costs, should be less than 36% of your pre-tax monthly income. Some loans, such as VA and FHA loans, are more flexible with these basic guidelines.

Depending on which type of mortgage you select, you can consider houses in various price ranges. An adjustable-rate mortgage will usually enable you to qualify for a higher loan amount. Your real estate agent can help you make the basic calculations. Remember that buying at the top end of your price range gives you more time to outgrow your home, and can save you money over the long term.

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Real Estate Trivia
Q 
Which estate has two pools--one on the east side for the morning sun and one on the west for afternoon enjoyment?

A 
The former estate of John Lennon in Palm Beach has two pools plus guest quarters.
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Gene & Rebekah Rivers, REALTORŪ, real estate agent and broker for Tallahassee, Wakulla and Crawfordville Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

The Rivers Team
Keller Williams Town & Country Realty

1520 Killearn Center Blvd., Suite 100
Tallahassee, Wakulla and Crawfordville, FL 32309
850-297-2255
Toll Free: 800-286-1458
Fax: 850-894-6747
Email: RingTheRivers@NUMBER1EXPERT.com

The Rivers Team are the premier real estate counselors for the Tallahassee area and made REALTOR magazine's list of the top 100 real estate sales people nationally. They have been the leaders for Tallahassee's #1 Real Estate Team for the past six years. They believe Tallahassee is the best place in the world to live and raise a family!

ABR CRS Equal Housing GRI MLS REALTOR







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