In today’s competitive housing market, there’s a good chance that your offer won’t be the only one a seller is entertaining. It’s not uncommon to hear sellers have more than 10 offers for one property . . . or that some buyers have put in offers on more than 20 homes, just to lose out time and time again.
In a market like this, it’s not enough to simply have your ducks in a row and walk in with a pre-approval. A market like this takes work if you want to win a bidding war.
Believe it or not, there are many, many people who want to see you in the home of your dreams. We know that dream doesn’t always seem attainable. Money can be tight, and a down payment is just one more thing you have to save for.
Low interest rates, even lower housing inventory, and tons of competition. That’s today’s housing market in many areas around the country, and that can be frustrating for buyers.
Having been in business for over 25 years and witnessed many real estate cycles, we know how you feel. That’s why APM has focused all its energy on making sure you are in the best possible position to have your offer accepted.
That’s why we developed our Keys on Time™ program. Here’s how it works: You get your loan approved before you shop for a home. That’s right. We will give you full approval of your financing before you ever find a home . . . this is not your average pre-approval! Once approved, you go shop for your home, secure in the knowledge that your financing is in place.
The path to homeownership is right in front of you – you just need to take the first step of qualifying for a home loan! Luckily, our trusted loan advisors can help you with this. The steps to qualify for a home loan can be easily simplified once you have a reliable partner in your corner.
Getting your ducks in a row when applying for a mortgage can seem daunting, but it doesn’t have to be! Lenders, underwriters and APM are here to help you determine what type of loan, including size, duration and other terms, are right for you.
Student loans can pose problems for many first-time home buyers trying to qualify for a home loan. This isn’t a news flash for most of us with student loan debt, but it also doesn’t have to mean the end of the road for the dream of homeownership.
In hot real estate markets, it can be frustrating to get a foot in the door of home ownership. Manufactured homes are becoming more and more popular as an affordable option but have traditionally been difficult to finance. Our Manufactured Select program seeks to change that and has been designed specifically to give home buyers more options for affordable housing.
Shopping for a home can be exciting and nerve-wracking. When the market is tight, and you’re competing against multiple offers – especially when some of those offers are for cash – it can be downright frustrating.
You’re about to take that leap into the world of homebuying, but you’ve discovered the housing inventory in your area is currently low. That means the market is competitive. Don’t let that intimidate you! You should still be able to find a great home for your family - you just need a few tips to navigate this competitive market as a first-time homebuyer.
There are a number of financial perks and tax breaks when you purchase a home. It’s no longer uncommon for house payments in many areas to be lower than monthly rental costs. Sometimes the benefits can be a little harder to measure, such as taking a tax deduction for utilizing a portion of your home as a home office. It is always best to consult with your tax advisor, but generally speaking, here is a list of common financial perks for first-time homebuyers:
Have you been dreaming about homeownership? Maybe now is the time to join the world of homebuyers! We can help you decide if buying a home now is an option for you with tips for first-time home buyers, helpful programs and resources, and more. Here’s what else you need to know in order to take that first step in your home-buying journey:
Getting ready to buy your first home is an exciting and sometimes overwhelming time. You may have heard that there are benefits to being a first-time home buyer. Can first-time home buyer programs really make the difference and help you achieve your homeownership dream? American Pacific Mortgage is here to help explain these programs and make it easier for you to take the next step toward buying your home.
Is it your time to buy? Time to buy the home that really fits your family; time to make your backyard into an oasis; time to experience the peak of home ownership. American Pacific Mortgage can help you realize those dreams with new home loan programs. Our brand new Peak loan programs can make buying a home more affordable and help you get access to the equity you need.
As an active duty service member, Veteran, or surviving spouse of a Veteran, you have sacrificed and served our country well. American Pacific Mortgage appreciates your service! We’re here to thank you for your sacrifice and contribution with our VA loans. You deserve the home of your dreams and we offer the programs that can help you get there.
You’ve finally taken the plunge and are ready to buy a home. You even have a meeting set up to meet with a loan advisor to start discussing the process and see what loan program you might qualify for. We want to help prepare you for that meeting so you can leave with the most information and knowledge possible.
When you are thinking about becoming a homeowner, the idea of coming up with a large down payment can feel like an overwhelming feat. Depending on what type of mortgage loan you choose, you may need anywhere from 3.5% to 20% for your down payment*.
Interest rates are constantly fluctuating, leaving homebuyers wondering when they should lock in their rate? At American Pacific Mortgage, we have created a specialty program called SecureLock, which allows you to lock in today’s competitive rates while you shop for the home of your dreams. It’s just another way we help homebuyers achieve their goal of home ownership.
If you’re looking to purchase a home, you may have heard that discount points can help lower your interest rate and monthly payments. Lenders offer discount points through a one-time, upfront fee. The points lower your monthly payment and can help make the mortgage more affordable for the life of the loan.
