Why You Shouldn't Be Nervous About Seeking Mortgage Advice

Many millennial-age, first time homebuyers often view mortgages as daunting and intimidating experiences because they are either overwhelmed by the process or are unsure if they'll be able to afford the home of their dreams. However, millennials are not alone in their apprehension about seeking mortgage advice. In fact, regardless of their age, many people feel intimidated by the mortgage process. But the truth of the matter is, applying for a mortgage is now easier than ever before. 

Reasons to Seek Mortgage Advice Now

While buying a home is a life-changing decision and momentous occasion, it should be viewed as a joyous time in your life, not an impossible mountain to climb. With the right advice and guidance, you and other millennials can achieve the dream of homeownership. Here are a few reasons why you shouldn't avoid or be nervous about seeking mortgage advice. 

• There is an abundance of information out there on mortgages. If you are experiencing nervousness about qualifying for a mortgage, you can eliminate your fears by educating yourself on the process. There are numerous books and online resources available to help walk you step-by-step through the basics of applying for a mortgage. The more you research, gather information, and learn, the less nervous you will feel.
• Professional mortgage advice is free. While you can research your mortgage options online, it is best to speak with a mortgage professional to go over your specific mortgage options. Many mortgage lenders offer free consultations to help advise millennials and borrowers of all ages on what steps to take to achieve homeownership. In fact, experienced mortgage lenders are specifically prepared to help millennials and others overcome common obstacles to home buying such as low credit scores and student loan debt by offering loans with more flexible terms and conditions.
• There are mortgage options to fit your finances. By scheduling an in-person consultation with a mortgage expert, you can have your questions answered directly and be matched with a loan option that will be best for you and your budget. For instance, an FHA loan provided by the Federal Housing Administration can provide you the flexibility of a lower down payment and more lenient requirements regarding your income and credit report. 

Overall, there are a variety of benefits to help you get over the intimidating idea of the mortgage process and into your first home. If you are looking for professional assistance to navigate the mortgage process, look no further than the mortgage professionals at Butler Mortgage. 

Reliable Mortgage Advice and Lending Services

For over 25 years, Butler Mortgage has worked with both first-time and seasoned buyers wanting to own a home in Florida, and now Georgia. Our team can help you secure a home loan with desirable rates that fits your budgetary needs. Let us help you find the right loan solution for you by calling 407-931-3800 or filling out our free consultation form online.