{"id":4011,"date":"2016-05-17T00:03:58","date_gmt":"2016-05-17T00:03:58","guid":{"rendered":"https:\/\/www.movoto.com\/foundation\/?p=4011"},"modified":"2016-05-17T00:03:58","modified_gmt":"2016-05-17T00:03:58","slug":"ultimate-homebuyers-guide-budgeting-mortgages","status":"publish","type":"post","link":"https:\/\/www.movoto.com\/blog\/ultimate-homebuyers-guide-budgeting-mortgages\/","title":{"rendered":"The Ultimate Homebuyer’s Guide: Budgeting & Mortgages"},"content":{"rendered":"

\"Budgeting_banner\"<\/a><\/p>\n

After you\u2019ve saved, cleaned up your credit, and done your initial research and set some guidelines for your search, you need to start thinking about financing. It might sound like you\u2019re putting the cart before the horse, but understanding the steps to getting a mortgage and getting a pre-approval letter will give you a significant advantage over other buyers. Many sellers won\u2019t even accept offers from buyers who aren\u2019t pre-approved.<\/p>\n

Determining whether or not you will be able to secure financing will make or break your ability to purchase a home, so it\u2019s important to do your due diligence.<\/p>\n

3 Months Before You Buy<\/h3>\n

Mortgage Basics<\/b><\/p>\n

Who’s Who in Getting a Mortgage<\/a><\/p>\n

Mortgage Pre-qualification and Pre-approval<\/a><\/p>\n

The Low Down on Down Payments<\/a><\/p>\n

Choose Your Mortgage<\/b><\/p>\n

Choose the Right Mortgage Type for You<\/a><\/p>\n

Cost Breakdowns and Paperwork<\/b><\/p>\n

What Is an Escrow Account?<\/a><\/p>\n

Points, APRs, and Other Homebuyer Fees<\/a><\/p>\n

Understanding Mortgage Penalties<\/a><\/p>\n

Your Guide to Mortgage Paperwork<\/a><\/p>\n

After You Apply<\/b><\/p>\n

Breaking Down Your Mortgage Payments<\/a><\/p>\n

If You’re Rejected for a Mortgage<\/a><\/p>\n

What Happens When Your Loan Is Sold?<\/a><\/p>\n

\"Hombeuyers-Guide_button\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

After you\u2019ve saved, cleaned up your credit, and done your initial research and set some guidelines for your search, you need to start thinking about financing. It might sound like you\u2019re putting the cart before the horse, but understanding the steps to getting a mortgage and getting a pre-approval letter will give you a significant advantage over other buyers. Many sellers won\u2019t even accept offers from buyers who aren\u2019t pre-approved. Determining whether or not you will be able to secure financing will make or break your ability to purchase a home, so it\u2019s important to do your due diligence. 3 […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[167,260],"tags":[],"class_list":["post-4011","post","type-post","status-publish","format-standard","hentry","category-basics","category-buyer","post--single"],"yoast_head":"\nThe Ultimate Homebuyer's Guide: Budgeting & Mortgages<\/title>\n<meta name=\"description\" content=\"Everything you need to know about setting a budget and getting a mortgage for your new home.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.movoto.com\/blog\/ultimate-homebuyers-guide-budgeting-mortgages\/\" \/>\n<meta property=\"og:locale\" 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