April 5th, 2010

It’s the Season for Home Buying

Spring is in the air! This is the best time to start looking for your next home. Rates continue to remain low, home inventories are good, values are stabilizing, and SMCU has money to lend no matter what your budget.

Have you had aspirations of becoming a homeowner? With our suite of loan products and knowledgeable Home Loan experts, we can help you realize your goals, even in today’s real estate market. Whether you’re looking to purchase your first home, a different home to better fit your family, or that vacation home you’ve always dreamed of, SMCU is here to help you from start to finish. Plus, if you act fast, you may even qualify for the Home Buyer tax credit that expires on April 30, 2010. That could mean some serious cash to help with closing costs, moving expenses, or maybe even that new flat screen you’ve had your eye on.

With a changing economy and recent modifications to mortgage lending guidelines, it can be difficult to know where to start. With over 30 years of experience helping members just like you navigate the home buying process, we’ve seen tough times before. At SMCU we have the tools and understanding to provide good information about the market and sound advice to help you make the right choices and get you into a mortgage that fits your needs.

Arranging your financing with a pre-approval and saving for your down payment are the first and most important steps for a smooth and successful purchase. Keep in mind that the majority of loan programs today, including ours, require at least a 3.5% – 5% down payment. SMCU offers free pre-approvals, along with great rates and lower fees than you’ll find at most institutions. Having your pre-approval letter and your financing arranged tells any seller or real estate agent that you are a serious buyer and are truly ready to make an offer on your next home.

If you are ready to start your pre-approval or if you have questions, give us a call at 206-398-5888 or email us at relending@smcu.com. You can also apply online at www.smcu.com. Our Web site also contains information about rates, mortgage programs, calculators, and links to many more resources.

Rates may not stay low for much longer. Let us help you take the first steps toward your next home purchase.

Comments are closed.