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Looking for a home before finding a home mortgage loan?

Looking for a home before finding a home mortgage loan: First time buyers are often afraid to get pre-qualified as they fear rejection or getting pre-qualified for an amount which is below their expectations. This is one of the gravest mistakes that you can make. So, give a call to All Western Mortgage on 702-850-2790 and get pre-approved first before you go looking for homes. http://www.awmlending.com/mortgage-purchase.php

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Looking for a home before finding a home mortgage loan?

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  1. All Western Mortgage

  2. 4 Mistakes to Avoid While Taking Your First Home Mortgage

  3. Objective First time home buyers face a lot of challenges that include, getting approved for a mortgage, finding a good agent, searching for the perfect home and - most importantly - staying within a budget. These challenges lead to potential buyers committing a few mistakes. Some of the most common ones are as follows:

  4. 1) Buying a home has more to it than just paying house mortgage installments: Most first time buyers go ahead with a mortgage purchase as soon as they feel that they are ready to make mortgage payments. They don’t consider the fact that affording mortgage is not the same as affording a home, which involves various other costs such as taxes, insurance, maintenance, utilities, running costs and a lot more. Mortgage Purchase

  5. 2) Looking for a home before finding a home mortgage loan: First time buyers are often afraid to get pre-qualified as they fear rejection or getting pre-qualified for an amount which is below their expectations. This is one of the gravest mistakes that you can make. So, give a call to All Western Mortgage on 702-850-2790 and get pre-approved first before you go looking for homes.

  6. 3) Not hiring a professional realtor: Some first time buyers make the mistake of not hiring a professional realtor, in order to cut costs, while looking for homes. Well, needless to say, this mistake is bound to end up in a disaster.

  7. 4) Depleting entire or most of their savings on down payment: Spending all or most of your savings on down payment and closing costs is one of the most dangerous mistakes. Homebuyers do this to meet the 20% down payment mark so that they don’t have to pay for the mortgage insurance. But, paying for insurance is definitely better than having no money for a rainy day.

  8. Address:8345 W Sunset Rd, Suite 380Las Vegas, NV  89113 • Phone : 702-850-2790Corporate: 702-369-0905Fax: 702-906-0153 info@awmlending.comWebsite: http://www.awmlending.com/ Contact Us – All Western Mortgage

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