Purchasing a home is the largest investment many of us will ever make. That makes finding the right mortgage critically important. The residential team at Sabal Palm Bank specializes in both new home purchases and refinancing options. Our team of experts can help you choose the right mortgage, provide quick, local decisions and provide exceptional service from application through closing.
Whether you’ve found your dream home or you’re looking to refinance your forever home, here are a few general tips to keep in mind as you start the mortgage process.
The Dos and Don'ts of Home Buying
Do pay all your credit cards and any other debt on time.
Do keep a positive balance in all your checking and savings accounts.
Do provide any and all documentation your lender asks for.
Do factor in your lifestyle when considering the cost of a home.
Don't buy a vehicle, even if paying cash.
Don't quit your job.
Don't take on any new debt.
Don't make out-of-the-ordinary new deposits. If you must, be prepared to document the source of the money.
Don't buy big ticket items on your credit cards.
Don't omit or exaggerate information on your application-Seriously!
Don't make sudden changes with your spending habits (unless it is to save more money) or your income.
Our residential lenders can offer a full range of mortgage options to fit your specific needs. They provide a rapid response and quick closings, to help make your home-buying dream, a reality.
Call or email one of our lending experts below for more information on all of our residential lending products.