Mortgage Info You'll Need for Your Real Estate Purchase in Western NC

Formulate a Plan to Succeed-

When planning your next Highlands NC, Cashiers and Lake Toxaway home purchase, one of the first things you should do is plan for your mortgage. Find the right mortgage will help you achieve several objectives; select the mortgage that best fits your finances, pays off your home faster and ultimately - saves you more money. Click here to learn the mortgage type that will best suit your North Carolina mountain home investment. 

Get Organized

Before you decide on a mortgage for your Western North Carolina Mountain home, it’s important to organize your financial information. Financial documents, such as bank and credit card statements, retirement plan contributions, and tax returns, should be reviewed and catalogued. You should secure a net worth statement, which reviews your non-investment documents, like car titles and past or current mortgage payments. Reviewing your cash inflow and outflow is also important to look at before you decide on a mortgage. All of this is important to do to give you a good idea of what you can afford to pay. Another great way to see how much you can afford is to use our handy mortgage calculator.

Get Pre-qualified

We can help to get you started with the pre-qualification process and connect you with a local lender. By analyzing your financial situation, the lender will provide you with an estimate of the largest amount of mortgage you can afford. You will be presented with a pre-qualification certificate or letter stating the maximum loan for which you qualify. Armed with your mortgage pre-qualification certificate, you might think you now ready to begin your Highlands NC, Cashiers and Lake Toxaway home search in earnest, but before you start previewing homes, we recommend you read the following article Mortgage Types. We even included a Mortgage Calculator to help you determine what you can expect to pay per month for your vacation or retirement home here in the beautiful Blue Ridge Mountains of North Carolina.

NCMountainLife.com's job is to take the stress out of choosing and buying a mountain home. Contact us so we can help you make it fun and interesting by not only previewing our mountain homes, but learning about our area's history and interesting trivia facts as we proceed through the home buying process.