When you are house hunting, there are crucial considerations to keep in mind.
Step 1: Budget for everything: Factor in taxes, insurance and utilities, not just your mortgage payment
Step 2: Get Pre-qualifed: This is your “superpower’ that saves time and stress during the hunt.
Step 3: Guild a Safety Net: Always have a rainy-day fund for unexpected repairs.
Step 4: Location Matters: Evaluate commute times, schools, and future neighborhood development.
Step 5: Needs Over Wants: Be flexible on the “extras” to expand your options.
Step 6: Partner with Pros: Use a knowledgeable real estate agent for negotiations.
Step 7: Get an Inspection: Uncover hidden issues before they become costly repairs.
Step 8: Stay Emotionally Cool: Don’t let excitement derail your long-term financial goals.
Step 9: Monitor Credit: Know your score and take steps to improve it for better loan options.
Step 10: Compare Loans: Let our Itasca Bank mortgage experts help you review all the options so you find the mortgage that works best for your financial goals.
Ready to Get Started?
Spring is one of the busiest homebuying seasons of the year - and February is the perfect time to prepare. Whether you’re ready to buy or refinance, we’re here to help. Let’s make your mortgage process simple and get you into your new home. Contact our Mortgage Loan Officers today!
- Call us at (630) 773-0350 and ask for Mike Pallares in our Roselle branch or Valerie DalPino in our Itasca branch.
- Visit www.ItascaBank.com/mortgages
- Stop by Itasca Bank & Trust Co. at 308 West Irving Park Road, Itasca, IL or One East Irving Park Road, Roselle, IL
