Finding financing for your next home is relatively easy. There are plenty of options based on your down payment, credit score, and other factors. Our approach to lending is focused on what you decide is a comfortable monthly payment. Then, we work our way backward from there.
Why This Financing Approach Works
Many other lenders will tell you what you’re qualified for, meaning the highest amount that you would be approved to spend on a new home. But that can get you into trouble when the monthly payment is calculated. By the time you realize that the monthly payment is too much, you could be pining for a house that is out of your comfort range.
We want you to feel good in your new home. Really good. We want you to love it. Nothing takes away that feeling of love as fast as a monthly payment that doesn’t fit with your budget.
That’s why we start by asking, “What amount are you comfortable with paying on a monthly basis?” It gives Joe Gatewood, our preferred lender, the opportunity to play around with different possibilities and provide options that fit your expectations.
Feel Good in Your New Home
You’ll start your life in a new home feeling confident about your decision. You can focus on making memories instead of making mortgage payments. That’s what we want to achieve.