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The Doug Burger Team, REALTOR®, real estate agents and broker for Olympia Washington home listings, property and land for sale - NUMBER1EXPERT(tm)
Find out what makes Doug the ONLY Number1Expert AND MegaStar Agent in Thurston County. Go to http://www.InterviewTheDougBurgerTeam.com.


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Mortgage Prequalification: Olympia Washington home buying, real estate listings, and homes for sale in Thurston                       County, WA
Welcome > For Buyers > Mortgage Prequalification ...


Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend!
 

You might have an idea of the payment and mortgage you can afford. But will the bank feel otherwise? It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution is willing to lend you. 

In the pre-qualification process, you will find out: 

- Exactly how much home you can afford. 

- How much cash you will need for the down payment. 

- The minimum down payment, and advantages of higher down payments. 

- What the bank feels you can afford for a monthly payment. 

We help buyers get pre-qualified for mortgages every day by referring them to a reputable lender. Simply fill out the form below to get started. 

Remember: We will respect your privacy! We know this is your personal information, and we will not distribute it to anyone, other than a qualified mortgage broker. This service is also provided free of charge, and without any obligation on your part. It is part of our job as Realtors. 

Once you fill out the form, we will quickly process your information and get right back to you!
 

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Real Estate Tips
Financing Your Home >More On ARMs

Lenders are always looking for new ways to help buyers get into the home of their dreams. Today they frequently use adjustable rate mortgages (ARMs) to increase the buyer's options. The interest rate on an ARM changes periodically to reflect changes in the national market. Since the loan starts at a rate that is lower than the national average, lenders can reduce the borrower's qualifying criteria.

One way to distinguish between different ARMs is by the national index to which they are tied. Some ARMs are tied to a slow-moving index called the cost-of-funds index; these are usually the most desirable. ARMs that are tied to a more volatile index, such as Treasury Notes, can be adjusted upward at a quicker rate. Look at all the factors before choosing a loan. The faster index loan may start out with lower rates and lower monthly payments, but the slower index ARM may eliminate your concern about having to re-finance down the road.

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Real Estate Trivia
Q 
What was a sure way to accumulate wealth through the 1970s and early 1980s?

A 
Many people made their fortunes in real estate during this period.
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The Doug Burger Team, REALTOR®, real estate agents and broker for Olympia Washington home listings, property and land for sale - NUMBER1EXPERT(tm)

Doug Burger
Doug Burger Realty Group

2607 Martin Way E, Suite 102
Olympia, WA. 98506
Phone: 360-459-4663
Toll Free: 888-811-1608
Fax: 360-459-3513
Email: info@dougburger.com

Doug has been involved full time in the Thurston County real estate market since 1978. For the last several years he has been ranked #1 in his multiple and was ranked in the top 100 in the country while part of the RE/MAX system. Doug is owner of Doug Burger Realty Group, has the Certified Residential Specialist and Accredited Buyer Representative designations and runs Doug Burger Realty Group which specializes in residential real estate.

ABRCRSEqual HousingREALTOR


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