Is it a good time to get a bigger mortgage?

Is it a good time to get a bigger mortgage?

With home prices rising to new heights in much of the United States, you may want or need a bigger mortgage to buy the home you want or refinance your existing home loan. It’s a great time to apply for a larger loan. Mortgage rates remain low, even on jumbo mortgages, which in most parts of the U.S. are loans of more than $424,100.

How to find the right mortgage lender for You?

Research mortgage lenders Look at multiple home loan lenders to find the one for you. There’s a wide array of lenders to consider, including traditional banks, online non-bank lenders and credit unions. If you’re looking for a particular type of mortgage, you may want to zero in on specialty lenders.

How can you Help Me apply for a loan?

Provide advice on which deals you’re most likely to be accepted for, so you can apply more confidently Guide you through compiling the necessary paperwork and make sure it’s completed correctly Carry you through application process being on hand for any questions

How to get a mortgage for a house?

How to Get a Mortgage. 1 1. Give yourself a financial checkup. Before you set off to get a mortgage, make sure you’re financially prepared for homeownership. Do you have a lot … 2 2. Identify the right mortgage. 3 3. Research mortgage lenders. 4 4. Get preapproved for a home loan. 5 5. Submit your application. More items