Download The Findit App

Share Your Posts On These Major Social Networks

Instatag Your Posts to Instagram Facebook + Twitter

News

First Time Home Buyers in Costa Mesa Receive a Low Interest Mortgage Rate with E Mortgage Capital

First time home buyers get the best mortgages rates in Costa Mesa with E Mortgage Capital

Costa Mesa 2/2/2016 4:35:24 PM

If you are a first time home buyer in Costa Mesa, California and are looking for the lowest mortgages rates, E Mortgage Capital as a full service mortgage broker can find the best rates and products for you.  Here are 5 tips that the First Time Home buyer should consider before purchasing a home.

  • Start Saving for a down as soon as possible. When you purchase the first home, you will be required to put a down payment on a home.  Traditionally, 20% down is required for a conventional loan. However, there are loan programs available that allow lower down payments in certain circumstances.  FHA may require 3% down and there are some Zero down payment loan programs that may be available. But generally, you will need a down payment.  Start by budgeting monthly to put money aside for the down payment and learn to live on the budget.  When you own a home, you will be living on a budget, start living on the budget you think you can live on and see if you can save money for a down.
  • Figure out your assets and cash flow. Not only will you need to have the monthly cash flow to pay for your mortgage, you will have to show you have enough asset reserves to help you in the event you come into a financial crisis.  This amount of reserve can be in equity, savings, 401k, and/or other assets.
  • Check your credit. The best way to do this in Costa Mesa is to contact E Mortgage Capital and let the professionals discuss what they find on your credit report.  Unless you are skilled in interpreting a credit report, you won’t understand where the issues are for a bank looking to give you loan.  The credit score is not the only important part of a credit report.  There may be simple changes in your credit behavior that can dramatically increase your probability of getting a loan.  E Mortgage Capital and look at your credit report and help guide you to make changes that may greatly affect your credit rate and monthly payment.
  • Get Pre-qualified for a loan. A Pre-qualification letter is a very powerful addition to an offer to purchase a home.  A Pre-qualification letter may be the piece that sets your offer ahead of a competing offer on a home.  Sellers want to be sure that you will qualify for you loan before contracting home for sale.  Through the pre-qualification process E Mortgage Capital can help you determine exactly what your budget should be when shopping for a home.
  • Get your documents in order. By having all of your required documents when you apply for a loan can save you countless time and headaches.  In general, you will need your last 2 years of tax filings, last 2 years of W2, Pay stubs for the past 2 months and the past 2 months of your Bank and investment records.  Lenders are looking to see your available resources and history to pay back a loan.  If you are self employed there will be other documentation you will need.  The best process is to contact E Mortgage Capital and the professionals there will tell you exactly what you need to get together.

Buying a new home for the first time is an exciting and trying time.  However, the professionals at E Mortgage Capital can guide you through the process so you get into the best situation you can qualify for.  If you are in Costa Mesa, CA contact E Mortgage Capital today if you are a first time homebuyer by clicking here.   Or you can call (855) 569-3700(855) 569-3700 FREE today to get started!

More News

https://s3.amazonaws.com/findit-pictures/301006/b1622f2e-9da1-4f00-8b2e-5f41b1b23eb1.jpg

Irvine California Mortgage Lender E Mortgage Capital Provides Fixed Rate Mortgages To Homebuyers

Irvine California Mortgage Lender E Mortgage Capital Provides Fixed Rate Mortgages To Homebuyers

Released On: 6/28/2016
Views: 12208

https://s3.amazonaws.com/findit-pictures/301006/2e77f2cb-ac44-4d28-a4ff-33c51c5eb770.jpg

Get A Fixed Rate Mortgage In Orange County California With E Mortgage Capital

Get A Fixed Rate Mortgage In Orange County California With E Mortgage Capital

Released On: 6/26/2016
Views: 11420

https://s3.amazonaws.com/findit-pictures/301006/3fb2c425-65a7-4c38-90aa-f57e9eaec8bc.jpg

San Francisco Mortgage Lender E Mortgage Capital Offers The Best Fixed Rate Home Loans

San Francisco Mortgage Lender E Mortgage Capital Offers The Best Fixed Rate Home Loans

Released On: 6/24/2016
Views: 11294

https://s3.amazonaws.com/findit-pictures/301006/e1e36438-2314-4d66-869c-5b094a0af404.jpg

Refinance Your Yorba Linda California Home With E Mortgage Capital

Refinance Your Yorba Linda California Home With E Mortgage Capital

Released On: 6/22/2016
Views: 11994

https://s3.amazonaws.com/findit-pictures/301006/8f92ae3c-c0fe-4b48-b503-f378b77fdc4f.jpg

Secure Your Financial Future With A Reverse Mortgage In California From E Mortgage Capital

Secure Your Financial Future With A Reverse Mortgage In California From E Mortgage Capital

Released On: 6/2/2016
Views: 11917

https://s3.amazonaws.com/findit-pictures/301006/aec606b3-5521-424e-a826-6b085b72c4a9.jpg

California Mortgage Lender E Mortgage Capital Can Help You Refinance Your Mortgage And Help You Reduce Your Payment

California Mortgage Lender E Mortgage Capital Can Help You Refinance Your Mortgage And Help You Reduce Your Payment

Released On: 6/1/2016
Views: 11816

https://s3.amazonaws.com/findit-pictures/301006/05d0ab3e-6ad8-4d03-9817-b8fe99a4b743.jpg

Refinance Your Colorado Springs Mortgage With E Mortgage Capital

Refinance Your Colorado Springs Mortgage With E Mortgage Capital

Released On: 5/22/2016
Views: 11918

https://s3.amazonaws.com/findit-pictures/301006/04922b66-3e6c-4bb0-8a0b-8d7f6f4f4fc4.jpg

E Mortgage Capital Offers Many Refinancing Options To Denver Home Owners

E Mortgage Capital Offers Many Refinancing Options To Denver Home Owners

Released On: 5/21/2016
Views: 11124

https://s3.amazonaws.com/findit-pictures/301006/fce14099-f2cf-4015-bd5b-cf2cb67beef1.jpg

Get The Best Interest Rates On Jumbo Loans In Huntington Beach California

Get The Best Interest Rates On Jumbo Loans In Huntington Beach California

Released On: 4/21/2016
Views: 11393

https://s3.amazonaws.com/findit-pictures/301006/41be6ae6-03af-454a-96e7-de75b95712e3.jpg

Anaheim Mortgage Lender E Mortgage Capital Offers Great Fixed Rate Mortgage Rates To Home Buyers

Anaheim Mortgage Lender E Mortgage Capital Offers Great Fixed Rate Mortgage Rates To Home Buyers

Released On: 4/20/2016
Views: 12009

https://s3.amazonaws.com/findit-pictures/301006/5bfe6c07-28d4-4939-a7c7-227eb9757f20.jpg

Lock In Low Interest Rates In Garden Grove With Refinancing Options From E Mortgage Capital

Lock In Low Interest Rates In Garden Grove With Refinancing Options From E Mortgage Capital

Released On: 4/15/2016
Views: 11146

https://s3.amazonaws.com/findit-pictures/301006/b373238b-3712-4f2e-95e1-162b80e2d722.jpg

E Mortgage Capital Is A Full Service Mortgage Lender In Yorba Linda California Offering The Best Interest Rates On Home Mortgages

E Mortgage Capital Is A Full Service Mortgage Lender In Yorba Linda California Offering The Best Interest Rates On Home Mortgages

Released On: 4/10/2016
Views: 10837

https://s3.amazonaws.com/findit-pictures/301006/cce5386f-6bd2-4e64-9266-e9ef18ff8ec3.jpg

Adjustable Rate Mortgages Are Available From Licensed Colorado Mortgage Lender E Mortgage Capital

Adjustable Rate Mortgages Are Available From Licensed Colorado Mortgage Lender E Mortgage Capital

Released On: 4/3/2016
Views: 11575

https://s3.amazonaws.com/findit-pictures/301006/43dc6888-dfc7-4537-88f1-ec03206268b1.jpg

California Mortgage Lender E Mortgage Capital Offers Fixed Rate Home Loans To California Residents

California Mortgage Lender E Mortgage Capital Offers Fixed Rate Home Loans To California Residents

Released On: 4/2/2016
Views: 11774

https://s3.amazonaws.com/findit-pictures/301006/e68dee25-35eb-46be-85be-57b2a24f892d.jpg

Lower Your Mortgage Payment By Refinancing Your Colorado Mortgage With EMortgage Capital

Lower Your Mortgage Payment By Refinancing Your Colorado Mortgage With EMortgage Capital

Released On: 3/26/2016
Views: 12018

https://s3.amazonaws.com/findit-pictures/301006/4ba8d871-7fb1-4a3a-ae8e-194e01298e04.jpg

Refinance Your California Mortgage To Get A Lower Interest Rate With EMortgage Capital

Refinance Your California Mortgage To Get A Lower Interest Rate With EMortgage Capital

Released On: 3/25/2016
Views: 11443

https://s3.amazonaws.com/findit-pictures/301006/fc45cabf-77a9-4d94-9949-8ead431c606c.jpg

Refinance your Jumbo Loan in San Francisco, whether you live in Nob Hill or the Sunset District with E Mortgage Capital

Jumbo loans and Super Jumbo Loans are still at historically low rates and E Mortgage Capital has the best programs for San Francisco California residences.

Released On: 3/17/2016
Views: 11526

https://s3.amazonaws.com/findit-pictures/301006/da0e45fa-c0e4-414e-9a8b-d67c6a59694a.jpg

Jumbo Home Loan Interest Rates are Still at Historic Lows in Costa Mesa California with E Mortgage Capital

Sometimes traditional loans are not enough to finance or refinance a home in Costa Mesa California. E Mortgage Capital offers Jumbo and Super Jumbo home loans with historically low interest mortgage rates.

Released On: 3/11/2016
Views: 11006

Load More wait

Map

E Mortgage Capital

Get Directions

E Mortgage Capital

  • 1800 East Garry Avenue Suite 112
    Santa Ana, California 92705
    United States
  • 855-569-3700
  • Monday-Friday 9:00am-8:00pm