How do you purchase a home? Talking to a lender is a start! Michael Dufour with First Savings Mortgage in Bethesda Maryland walks us through the steps of financing a home purchase.
Episode 18: Michael Dufour First Savings Mortgage
- What is pre-approval for a home loan?
- What is an appraisal and how does a low appraisal affect a home buyer?
- What is a down payment? What are closing costs? How much cash do I need to buy a home?
- What are the Maryland Mortgage Program and the DC Open Doors Program? How do these programs help homebuyers? How do I qualify for these programs?
Michael Dufour walks us through the process of applying for a loan, purchasing a property and getting to the settlement table where you sign the paperwork and purchase a home.
Victoria Ray Henderson