FIRST-TIME HOME BUYERS GUIDE

F I R S T- T I M E

HGOUIMDEE BUYERS

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Table of Contents

Meet Your Loan Officer Getting Preapproved at CMG Financial Know Your Mortgages! VA Loans HomeFundItTM Mortgage Terms Down Payment Options Benefits of Homeownership Rent vs. Own The Home Loan Process The Role of the Real Estate Agent What Type of Home Suits Me? Picking the Right Neighborhood Open House Notes About CMG Financial

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Meet Your CMG Financial Loan Officer

At CMG Financial, our loan officers are here to act as your financial counselor throughout the lending process. Buying your first home is an exciting journey. We want to make the transaction as smooth as possible.

The CMG Financial Advantage

We are able to deliver personalized customer service with the resources of a local lender. Borrowers prefer working with CMG Financial because of our:

Reliable Prequalifications /

Preapprovals

Competitive Rates

Robust Menu of Loan Products

Transparent Communication

Dependable On-Time Closings

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Getting Preapproved at CMG Financial

Getting preapproved can have many advantages for home buyers and can even expedite the buying process.

Some of the benefits include:

Determine how much you can afford ahead

of time.

Get a general idea of what your monthly payment will be.

Estimate your down payment.

Identify qualifying loan

programs.

Most importantly, you can improve seller negotiations. The seller may be more inclined to accept your purchase offer when they know you are qualified to buy their home.

What you need for Preapproval:

Income and Employment History

Monthly Debts and Credit Score

Source and Amount of Down Payment and Closing Costs

Completed Loan Application

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