Fort Lauderdale real estate, home listings and homes for sale in Florida, New Construction - Linda Risden and The Five Star Team, REALTORS® Linda Risden and The Five Star Team REALTORS(r) for Fort Lauderdale, Florida real estate - NUMBER1EXPERTS™ Linda Risden and The Five Star Team NUMBER1EXPERTS(tm) for Fort Lauderdale, Florida real estate, New Construction
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All agents are NOT alike! Linda offers 31 years of real estate service. Call Linda today for the best real estate experience! 954-345-5530.

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Mortgage Prequalification: Fort Lauderdale Florida home buying, real estate listings, and homes for sale in Broward                        County, FL
Welcome > For Buyers > Mortgage Prequalification ...

Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend!
 

You might have an idea of the loan payment and mortgage you can afford. But will the bank feel otherwise? It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend you. 

In the pre-qualification process, you will find out: 

- Exactly how much home or land you can afford. 

- How much cash you will need for the down payment. 

- The minimum down payment, and advantages of higher down payments. 

- What the bank feels you can afford for a monthly payment. 

We help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. 

Remember: we will respect your privacy! We know this is your personal information, and we will not distribute it to anyone, other than to our preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of our job as top Fort Lauderdale Realtors to offer services such as these. 

Once you fill out the form, we will quickly process your information and get right back to you!
 

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Real Estate Tips
Financing Your Home >When Interest Rates Rise

Many people fall out of the home buying market when interest rates start to go up. This is often a mistake. Many of the best mortgages deals become available when lenders are competing for new business and sellers are competing within a smaller buyer pool. You just have to know how to keep the costs down in order to counter the higher interest rates.

One of the best tricks is the buy-down. In a buy-down, a fee is paid at the closing to get a lower interest rate. In a soft market, an anxious seller may be lured into to paying all or part of the buy-down. Another approach is to get the seller to pay some of closing costs, thus lowering the amount of cash a buyer needs to close. Frequently the seller's costs can be used as a write-off by the buyer. Always consult with your tax advisor if you are considering such an arrangement.

If the market is softening due to rising or higher rates, the price itself becomes an area where a buyer may be able to save a lot of money on a house through skillful negotiating. Lower prices mean lower loan amounts, so don't be discouraged by higher rates--use them to your advantage.

See All Tips In The "Financing Your Home" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What home is the best example of colonial architecture in homes designed to "grow" as the family grew?

A 
The House of the Seven Gables in Salem, MA, that was the model for Nathaniel Hawthorne's novel of the same name.
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Contact us with confidence! We guarantee your privacy. As your trusted, professional real estate partners, we will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible.

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Linda Risden and The Five Star Team, REALTORŪ, real estate agents and broker for Fort Lauderdale Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Linda Risden and The Five Star Team
Florida Five Star Realty, Inc.

Coral Springs, Florida
Contact Me With Confidence!
Office: 954-345-5530
Fax: 954-671-1238
Cell Phone: 954-270-3463
Email: sofloridahomes@NUMBER1EXPERT.com
Email: risden@bellsouth.net

Linda specializes in Ft. Lauderdale, Deerfield Beach, Pompano Beach, Coral Springs, Coconut Creek, Parkland, Tamarac,North Lauderdale, Margate,Sunrise,Plantation, Miramar, Hallandale and South Palm Beach County. She is well known for her professionalism and for producing consistent results. With over thirty one years of real estate experience, sellers and buyers are benefited with the vast knowledge and negotiation skills of a true professional. A recipient of one of the most prestigious awards, Linda was honored as being named in the top 100 Agents in Florida. As a member of an elite group of top real estate professionals throughout the Country, Linda can assist in referring customers to the best Realtor in the area. Call Linda today at: 954-345-5530.

GRI REALTOR Equal Housing wcr


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