Ladera Ranch, Laguna Niguel and Mission Viejo real estate and homes for sale in California - Frances Hicks, REALTOR® Frances Hicks REALTOR(r) for Ladera Ranch, Laguna Niguel and Mission Viejo, California real estate
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Frances Hicks, REALTOR®, real estate agent and broker for Ladera Ranch, Laguna Niguel and Mission Viejo California home listings, property and land for sale - Best Image Agent(s)

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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 949-456-9777 or click the “call me now” button below.


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Mortgage Prequalification: Ladera Ranch, Laguna Niguel and Mission Viejo California home buying, real estate listings, and homes for sale in Orange                         County, CA
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 loan payment and mortgage you can afford. But will the bank feel otherwise? It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend you. 

In the pre-qualification process, you will find out: 

- Exactly how much home or land 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. 

I help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. 

Remember: I will respect your privacy! I know this is your personal information, and I will not distribute it to anyone, other than to my preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of my job as a top Ladera Ranch, Laguna Niguel and Mission Viejo Realtor to offer services such as these. 

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

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Real Estate Tips
Financing Your Home >When Interest Rates Rise

Many people fall out of the home buying market when interest rates start to go up. This is often a mistake. Many of the best mortgages deals become available when lenders are competing for new business and sellers are competing within a smaller buyer pool. You just have to know how to keep the costs down in order to counter the higher interest rates.

One of the best tricks is the buy-down. In a buy-down, a fee is paid at the closing to get a lower interest rate. In a soft market, an anxious seller may be lured into to paying all or part of the buy-down. Another approach is to get the seller to pay some of closing costs, thus lowering the amount of cash a buyer needs to close. Frequently the seller's costs can be used as a write-off by the buyer. Always consult with your tax advisor if you are considering such an arrangement.

If the market is softening due to rising or higher rates, the price itself becomes an area where a buyer may be able to save a lot of money on a house through skillful negotiating. Lower prices mean lower loan amounts, so don't be discouraged by higher rates--use them to your advantage.

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Real Estate Trivia
Q 
From 1974 to 1996, what was the world's tallest habitable building?

A 
The Sears Towers, headquarters for Sears, Roebuck & Co., with 110 stories and 1,454 feet high.
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Frances Hicks, REALTOR®, real estate agent and broker for Ladera Ranch, Laguna Niguel and Mission Viejo California home listings, property and land for sale - Best Image Agent(s)

Frances Hicks, SFR, e-PRO REALTOR
Realty ONE Group

23811 Aliso Creek Rd, Suite 181
Laguna Niguel, CA 92677
Cell: 949-456-9777
Email: FrancesHicksREALTOR@gmail.com

e-PRO REALTOR, SFR Dedicated to providing you professional service, whether you are buying or selling. Solutions oriented, can always find a way to get the right results. Short Sale Specialist. Let the power of teamwork get you the best price in the shortest amount of time. Call now...you'll be glad you did!


DRE Lic. 01348211

SFR ePro MLS Equal Housing RELO wcr REALTOR


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