Buying a home for the first time can be both exhilarating and nerve-wracking, and you need a mortgage professional that will have your best interests in mind. The David M. Damaré Team is dedicated to finding the best mortgage solutions for you.
For our first time homebuyers, we call on our expertise in developing and sustaining good credit to ensure you are preapproved for the lowest rates and pricing possible. With access to loan programs, specifically tailored for the first time home buyer, we make financing your first home a seamless and pleasant experience.
To assist you in beginning the home buying process or to calculate possible savings from a refinance we have included a mortgage calculator to run basic financial scenarios and calculate approximate payments. While the mortgage you select will be catered to your specific needs, the mortgage calculator can be a tool used to estimate the mortgage average at today’s going market rate. Be sure to ask The David M. Damaré Team about all of the available options for you.
According to national averages, you will own approximately five homes throughout your lifetime. The David M. Damaré Team hopes to be your chosen mortgage professional for all your mortgage lending needs.
Founded in 2003, our team is dedicated to helping you achieve the goal of home ownership while focusing on a mortgage solution that best fits your financial lifestyle.
Ready to get started?
Download the pre-qualification form, complete, scan and email the completed form to firstname.lastname@example.org to aid you in completing the pre-approval process. Or, to save time experienced homebuyers and refinance clients can click on the link below to complete a secure online application.
Whether you are buying your home for the first time or are looking to move or relocate, we look forward to speaking with you and assisting you your mortgage needs.
News Flash: The Federal Reserve will raise interest rates in an unprecedented move since the recession. What will this mean for mortgage lending rates? Click here to find out.
Pre qualification Form
Secure Loan Application
Glossary of Terms
Ten Things you need to know before buying a home
- A mortgage is one part of your financial portfolio, and buying a home goes far beyond moving day. Keep in mind that working with a consultant who knows your short-term and long-term financial needs and goals can benefit you for years to come.
- Pre-qualification and pre-approval are not the same thing. While being pre-qualified gets your foot in the door, a pre-approval means you can walk through with few snags. Work with your licensed mortgage professional to attain pre-approval.
- Be sure to hire a home inspector and review the report. Missing this step could cost you thousands of dollars in the long run.
- While many people cringe at the aspect of reviewing their credit score, it’s good to know where you stand, correct any mistakes and look at specific ways to build or repair credit.
- Visit the neighborhood during non-working hours – this gives you an idea of the community you will be living in.
- Find a real estate agent that knows your needs. Every house is not the best house for you. Get recommendations of real estate agents from your mortgage professional, friends or family in the area who can provide a testimonial.
- Know what you can afford, and find houses that are in this range.
- Let the Internet do your research for you; you can find school ratings, view homes on the market and research the surrounding area before stepping out the door.
- Buying a home is a huge commitment; don’t feel pressured by a real-estate agent or even friends or family to buy a particular home.
- Your licensed mortgage professional is there to work for you, not to sell you a mortgage product. Find a broker who listens to your needs and works with you to attain them.
The Mortgage Checklist
- Find a licensed mortgage professional, layout your goals and enlist him/her in achieving those goals.
- Discuss potential mortgage options with your licensed mortgage professional.
- If needed, look at options to rebuild, repair or raise your credit score.
- Look at how you will be able to integrate a mortgage into your overall financial planning.
- Pre-approved is not the same as pre-qualified. Work with your mortgage broker to get pre-approved.
- What are you looking for into a house? Make a list of “must haves” and optional items that you are looking for in a house, neighborhood and community.
- House hunting with a realtor? Make sure they know what you are looking for.
- Once you have found the home that is right for you, write an offer with your real estate agent and negotiate for the best price.
- Be sure to get an inspection, and negotiate if there are any necessary repairs.
- Apply for homeowners insurance. It is important that homeowners insurance is approved before the closing.
- Final walk through.
- Final closing and settlement.
- Moving Day!
- Make an annual assessment of your mortgage and financial planning. Determine your short terms and long terms financial goals and seek consultation to make changes if needed. Is refinancing an option for you?
“Mortgage lending is our business, customer service is our passion.”