Stockman Farrar Group - REALTY EXECUTIVES | Waltham, MA Real Estate, Watertown, MA Real Estate


Finding a mortgage lender should be easy, particularly for homebuyers who want to purchase a high-quality residence without having to worry about spending too much. However, many mortgage lenders are available nationwide, and the sheer volume of lenders can make it difficult to choose the right one.

Lucky for you, we're here to help you streamline the process of selecting the ideal lender.

Now, let's take a look at three tips that homebuyers can use to accelerate the process of choosing the perfect lender.

1. Know Your Credit Score

Your mortgage interest rate may vary based on your credit score. As such, you should learn your credit score before you begin your search for the right lender. This will enable you to boost your credit score if necessary – something that may help you get a preferred mortgage interest rate.

You are eligible for one free copy of your credit report annually from each of the three major credit reporting agencies (Equifax, Experian and TransUnion). Request a copy of your credit report, and you can find out your credit score and map out your search for the ideal mortgage lender accordingly.

2. Meet with Several Mortgage Lenders

There is no shortage of mortgage lenders in cities and towns around the country. Therefore, you should allocate the necessary time and resources to meet with several credit unions and banks to explore all of your mortgage options.

Each lender can provide details about fixed- and adjustable-rate mortgages, how these mortgages work and other pertinent mortgage information. This information can help you make an informed decision about a mortgage.

In addition, don't hesitate to ask questions when you meet with a mortgage lender. If you obtain plenty of information from a mortgage lender, you'll be able to understand the pros and cons of various mortgage options and make the best choice possible.

3. Review a Mortgage Closely

A mortgage may enable you to secure your dream residence, but it is important to understand all of the terms and conditions associated with a mortgage before you select a lender.

For example, if you decide to purchase a condo, your mortgage might only cover the costs of your property. Meanwhile, you still may be responsible for condo homeowners' association fees that total hundreds of dollars each month, so you'll need to budget properly.

Of course, you should feel comfortable working with a mortgage lender as well. The ideal mortgage lender should be available to answer your concerns and questions at any time and help you stay on track with your monthly mortgage payments.

If you need extra assistance as you consider the mortgage lenders in your area, you can reach out to a real estate agent for additional support. This housing market professional can provide insights into mortgage interest rates and may even be able to connect you with the top local lenders.

Take the guesswork out of finding the right mortgage lender – use these tips, and you can move one step closer to getting the financing you need to buy your dream residence.



84 North Street, Newton, MA 02459

Single-Family

$699,000
Price

6
Rooms
3
Beds
1
Baths
Attention builders, contractors. Single family home ready to tear down or full renovation/addition on spacious 11261 square foot corner lot in desirable Newton Center location. Zoned SR2,
Open House
Saturday
August 12 at 12:00 PM to 1:30 PM
More Open Houses
Cannot make the Open Houses?
Location: 84 North Street, Newton, MA 02459    Get Directions

Similar Properties




84 North Street, Newton, MA 02459

Single-Family

$699,000
Price

6
Rooms
3
Beds
1
Baths
Attention builders, contractors. Single family home ready to tear down or full renovation/addition on spacious 11261 square foot corner lot in desirable Newton Center location. Zoned SR2,
Open House
Saturday
August 12 at 12:00 PM to 1:30 PM
More Open Houses
Cannot make the Open Houses?
Location: 84 North Street, Newton, MA 02459    Get Directions

Similar Properties



Feel as though you are losing space with every additional item that enters a room? Knick-knacks, electronics, toys and accessories piling up? Take a look at the tips below to maximize space in living rooms, dens, bedrooms, and extra rooms such as craft and laundry rooms. Built-Ins: Built-ins are a great space saver. They create storage without taking up too much space in a room. They are customizable so you can pick what type of storage will work best for you. Built-ins are especially effective in living rooms and toy rooms. Wall Storage: Wall storage is a great option for saving space in smaller, functional spaces like craft rooms, laundry rooms, and even kids rooms. Entryways will also benefit from wall storage where coats and keys can be hung up instead of flung on the nearest surface. It provides storage without taking up floor space. There are so many options for wall storage that range from shelves, hooks and cabinets of all sizes. Hidden Storage Furniture: Furniture with hidden storage is great way to maximize space. These pieces include ottomans, coffee tables, and end tables. Storage ottomans are great for storing extra blankets and pillows. Storage coffee tables and end tables are perfect for storing books, magazine, extra remotes, DVDs, coasters, and electronic accessories. If these pieces did not have storage then those items would be lingering on the tops of tables or around the house causing clutter and dysfunction. Multifunctional Storage: There are endless options here, some more functional than others. Under the stairs storage or stairs that have drawers and/or shelves, sofas that turn into beds, mirrors with jewelry storage, fold-down tables with storage, food/water bowls for animals incorporated into drawer storage, and litter boxes hidden in coffee tables (although I’m not sure who would want this). The type of home and room will determine whether or not some of these are practical options, but nonetheless, some are pretty unique. Incorporating one or more of the tips above will be determined by the type of room and home. A tip that works for a bedroom may not work for a bathroom and the same for a home compared to an apartment. Be cognizant of this when considering adopting these approaches for functional and spacious rooms. Hope these tips help maximize space in your home!

Attention builders, contractors. Single family home ready to tear down or full renovation/addition on spacious 11261 square foot corner lot in desirable Newton Center location. Zoned SR2,

More Info on this Property | New Listing Alerts



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