First Time Home Buyers

Many people buying their first home are afraid lenders don't really want to work with them. But that's simply not true. Without you, there would be no mortgage lending business. Lenders want to help you buy your first house!

Question: I really want to own my own home, but I'm not sure I can afford it. Where do I start?

Lots of people don't even consider buying a home because they're afraid they can't afford it. But for most people, home ownership is within reach — especially with some of the special programs for first-time home buyers. In fact, for many, home ownership is as affordable as renting — in some cases even more affordable.

The best place to start is with our mortgage home loan specialist's , our loan agents can help you explore all the options of home ownership.

Question: How do I know how much house I can afford?

Before you start looking at homes, you need to have some idea of what you can afford. As a general guide, you can purchase a home with a value of two to three times your annual household income, depending on your savings and debts. However, you may be able to take advantage of special loan programs for first time buyers to purchase a home with a higher value.
The best place to start is with our mortgage home loan specialist's , our loan agents can help you explore all the options of home ownership.

Question: When should I talk to a mortgage home loan specialist?

The short answer: when you start thinking about buying a home. It's true you can't actually apply for a mortgage until you've chosen your home and signed a contract to buy it. But you shouldn't wait until then to start talking with a mortgage lender.

Remember Mortgage Galaxy will be happy to help you as you look for a home. Our loan agents will work with you to determine how much house you can afford and help steer you to special mortgages for first time home buyers, and perhaps make suggestions that could make it easier to get the best mortgage for you.

Plus theres another advantage: you'll already have a good relationship with our mortgage home loan specialist's when it comes time to apply for your mortgage.

 

"We carefully examine all your needs and provide you all your options so you receive the best mortgage rates for you.We don't work for the finance company.
WE WORK FOR YOU!"
-- Holly Ruan, founder of Mortgage Galaxy

Founded in 1990, Holly Ruan and Mortgage-Galaxy.com, is the leader in online mortgage finance and application, an easy way for individuals and families to search the internet and discover affordable and quality mortgage rates from San Diego to Sacramento. Use Mortgage-Galaxy.com through our online mortgage application process and join the 1,000’s of satisfied customers in your area today! See why Mortgage Galaxy was voted #1 at finding mortgage financing and refinancing mortgage lenders with the lowest possible mortgage rates in California.

Mortgage-Galaxy.com is an affiliated online mortgage financing service for Californians with a shared database for finding and applying for individual and family: Zero Down, Low Down, Stated Income, First Time Home Buyer, FHA, VA, or other home mortgage programs. Holly Ruan is a dedicated California real estate broker and loan agent for individuals and families seeking affordable mortgage rates combined with quality customer service.