Home Purchase Basics

Home Purchase Basics – Congratulations on your decision to buy a new home!

There are many important things to consider throughout the process, especially if you’re a first-time homebuyer. Here’s some information that will keep you on track.

A home purchase may be your largest financial transaction to date, so it’s important to make the right decisions and to keep an eye on the details. With the assistance of your Real Estate Agent and Loan Officer, it should be an efficient, pleasant, and ultimately rewarding experience.

What to expect from a Real Estate Agent:

  • Preview available homes that are priced for your budget
  • Present the homes that suit your needs as you’ve defined them
  • Determine a property’s value based on neighborhood, market appeal, etc
  • Negotiate the right deal for you

What to expect from Your Loan Officer:

  • Assist you in selecting the right loan to meet your personal situation and goals
  • Keep you informed of your loan status throughout the entire process
  • Keep your Real Estate Agent informed of our loan – only deal points and progress are shared
  • Get the appropriate loan for you at great rates and fees

Count on yourself to:

  • Keep your Real Estate Agent informed of any questions or concerns as they develop
  • Keep the process moving by providing documentation and decisions in a timely manner
  • Enjoy purchasing your home

Make sure you are pre-approved as early as possible. This will put the power of financing behind you so you can concentrate on selecting your home.

Connect with a Loan Officer at Impac Mortgage Corp., Get a Quick Quote or
Call Us Today 877-605-9531

 


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*Impac Mortgage Corp. is not licensed to conduct business in the following states: CT, DE, MA, MD, ME, NY and WY.

Website authorization by New York State Department of Financial Services is pending. Until this website is authorized, no mortgage loan applications for properties located in New York will be accepted through this site.

Reminder: Loan applications or inquiries will be addressed by Impac Mortgage Corp.’s CashCall Mortgage division.