Homebuyers' Corner
Financial Services
The word "mortgage" in and of itself can appear to be incredibly intimidating - especially if this is the first time you are buying a home. You are committing to a debt which may very well be one of the largest debts you will ever acquire. That is of course until you move to another home and start this process all over again!!
Rest assured, we understand. That is why we encourage you to sit down with a lender and talk to them about your options. You will not be requiring a construction loan. It's been made easier for you by only requiring an end loan. We have closed hundreds of homes, and have worked with FHA, VA, Conventional financing, Rural Development, MSHDA, and of course, cash. There are a number of lenders out there, and we have found a couple to be pretty outstanding with service and expertise. They will assist you in evaluating your "comfort zone", based on your income, your assets and your current debt load. They will also be able to offer advice as to whether you may want to pay off a bill prior to closing etc. They know their stuff, and are more than happy to help you find the right loan that will meet your current as well as future needs.
As always, if you have any questions or concerns along the way, do not hesitate to talk with your sales representative. They have been through this process a number of times and can prove to be very helpful.
Suggested Lenders:
Summit Community Bank / Providence Lending
(517) 853-5149
munkovich@mysummitbank.com
MSU Federal Credit Union
(517) 333-2232
paulaa@msufcu.org
