The purchase of a home, for most of us, will likely involve a massive commitment of financial resources. The prospect of taking out a mortgage, with its complex process and years of future payments, can be daunting. To this end, the New York Times recently released a series of helpful articles aimed at helping potential first time buyers understand whether taking out a mortgage is advisable, as well as some of what to expect throughout the process. We thought that we might share those with you here:
What Kind of Mortgage Should I Get?
How Do I Get a Good Interest Rate?
Of course, there are bound to be further questions down the line. Throughout the process, don’t be afraid to communicate your questions and concerns to your mortgage banker and real estate team.