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Getting Financing
If you plan to finance your home purchase, start the mortgage loan process well before buying a home, even before the bidding process. |
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Investigate loan options that best suit you. Talk to financial institutions, mortgage companies and/or savings and loan institutions to look at what kinds of loans are available, and compare rates. |
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If you are a first time home buyer, you may qualify for mortgage programs with little money down, low interest rates or federal programs that give beneficial rates. |
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When you have settled on a type of loan and a loan institution, get pre-approved and get a pre-approval letter. To do this, a loan officer will review your credit files and discuss with you how much you can borrow. This will help you know the price range you can consider when shopping. |
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Having a reduced debt load and a good credit history will be helpful in getting a better loan rate. You may wish to discuss with your financial institution, ways to improve your credit score to get a better rate. |
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Show your pre-approval letter to your real estate agent when you begin shopping for a home. |
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For more detailed information on financing, please contact one of my preferred lenders below.
Loan Officers
Celia Fujikami
Loan Officer
Direct (808)738 3950
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Brenda Gross Mitchell
Vice President / Executive Loan Officer
Bank of Hawaii, Private Mortgage Banking
NMLS ID #609920
4211 Waialae Avenue, Suite 101
Honolulu, Hawaii 96816
Direct (808)694-7454
Cellular (808)286-2656
Fax (808)733-7466
email |
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