Home Financing Information

Doing your homework about home loans will save you time and money. There are thousands of loans out there to choose from, but it’s important to keep in mind several key factors that will help you along the way:

• How much money should I put down?
• How is my credit?
• Is this my first home?

Receiving a loan requires completion of a loan application and specific financial documents including pay stubs, rental checks and / or tax returns. You can receive a loan from a number of different financial institutions, including commercial banks, credit unions, mortgage bankers, mortgage brokers, savings and loan associations, mutual savings banks and insurance companies.

Are you in need of additional home financing information? If you live in the Woodbridge area, contact JJ Elek Realty. We’ll get your questions answered!