You're ready to buy a home, CONGRATULATIONS, this is an exciting time! If this is your first home, it can also be a confusing time. Do I find the home first and then apply for financing? Should I apply with a bank or a broker? Do I qualify for down payment assistance? What is the minimum amount I can put down? What is mortgage insurance and do I need it? I am self employed and write off business expenses on my tax returns, can I still qualify? There are so many questions to ask when it comes to financing a home purchase, but the most common question is "What will my rate be"?

'What will my rate be' is an important question, but you ask it because you aren't exactly sure what else you should be asking. A better question is "What monthly payment am I comfortable with"? or "I only intend to be in the home for 3 years, should I look at adjustable products"?

Working with I.AM. Lending, we not only hold your hand through the process, but we make sure you are fully educated about your options so you are able to make the best decision for your scenario.