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Recently I was asked this question by a prospective new home buyer: "I want to buy a house but the thought of having to stay in it for 30-years scares me!"
To which I replied, "Why do you think you HAVE to stay in a home for 30 years?"
They responded, "Isn't that what a 30-year fixed mortgage means?"
I suddenly remembered thinking this exact thing when my husband and I were looking to buy our first home over 20-years ago. It was my mortgage broker who filled me in - that, no, I was in no obligation to live in a house for 30 years in order to get a 30-year fixed loan.
My goal is to make the home buying process as easy to go through and to understand as possible - so please feel free to ask me questions! There's no such thing as "silly questions" and I take every single one seriously - I bought my first home with literally zero knowledge of how this stuff works because I had no one in my life who understood it.
Because I've gotten these questions from prospective new home buyers recently, in this video I'll explain:
Call or email us today to learn more. ➡️949-723-9572
Ready to apply? Link in bio.
Real estate agents - do you need a buyer pre-approved ASAP? We will give you top priority. Let’s chat!
➡️ 949-723-9572
-—————
#DRE 02107604 NMLS 1895610
#NewHomeBuyers #30YearFixed #ARM
#BalloonPayment #InterestOnly
#Firsttimehomebuyer
#newhome #yournewhome #thebellgroup #californiahomepurchase #californiahomeloans #firsttimehomebuyer #costamesarealestate #orangecounty #mortgagefinance #mortgagebroker #mortgage #californiarealestate #yourmortgageperson #helpmebuyahouse #shaunaratapu
Recently I was asked this question by a prospective new home buyer: "I want to buy a house but the thought of having to stay in it for 30-years scares me!"
To which I replied, "Why do you think you HAVE to stay in a home for 30 years?"
They responded, "Isn't that what a 30-year fixed mortgage means?"
I suddenly remembered thinking this exact thing when my husband and I were looking to buy our first home over 20-years ago. It was my mortgage broker who filled me in - that, no, I was in no obligation to live in a house for 30 years in order to get a 30-year fixed loan.
My goal is to make the home buying process as easy to go through and to understand as possible - so please feel free to ask me questions! There's no such thing as "silly questions" and I take every single one seriously - I bought my first home with literally zero knowledge of how this stuff works because I had no one in my life who understood it.
Because I've gotten these questions from prospective new home buyers recently, in this video I'll explain:
Call or email us today to learn more. ➡️949-723-9572
Ready to apply? Link in bio.
Real estate agents - do you need a buyer pre-approved ASAP? We will give you top priority. Let’s chat!
➡️ 949-723-9572
-—————
#DRE 02107604 NMLS 1895610
#NewHomeBuyers #30YearFixed #ARM
#BalloonPayment #InterestOnly
#Firsttimehomebuyer
#newhome #yournewhome #thebellgroup #californiahomepurchase #californiahomeloans #firsttimehomebuyer #costamesarealestate #orangecounty #mortgagefinance #mortgagebroker #mortgage #californiarealestate #yourmortgageperson #helpmebuyahouse #shaunaratapu