Jean’s Mommy! asked:
I’m trying to do research on home loans and purchasing a home. we have good credit up in the high 700s. First time buyers…some questions to get started…
1. What loans are best?
2. which ones to watch out for?
3. are there things real estate agents or mortgage companies try to charge you for that they shouldn’t?
4. can you get a home loan for more than the home is worth and use the extra money for other expenses? like furniture and other things for the home.
5. Tips and tricks to make sure we’re not getting taken for fools?
6. what do we need to qualify for a good interest rate?
7. how much could we get?
Any other info you can give would be awesome! thank you very much!
TIMOTHY
