Few people can buy a home for cash and a study by the National Association of REALTORS®(NAR) found that nearly nine out of ten buyers in 1999 financed their home purchase. This means that virtually all buyers, especially first-time purchasers—required a loan. It is important to find the loan that is right for you: the mortgage with the lowest cost and best terms, not to mention taking into consideration monthly HOA payments and the possibility of special assessments.

Please click here for additional information about pre-approval by a lender.