Find Great Las Vegas Financing

Owning a home is the American dream and it is a dream come true for millions. This article is great for those of you who are buying your first Las Vegas home and are not sure what steps to take to make your dream come true. We understand that much of the home buying process can be like a foreign language - very difficult to understand. Don’t worry, it’s not like you buy homes every day, that’s why you have us who buy and sale homes every day. We are going to help you understand the lingo/mortgage jargon, and step you through the mortgage process.

First Thing's First
Don’t waist your time looking at Las Vegas homes until you know what you can afford. There is nothing more disheartening or discouraging than discovering the perfect home and then finding out you can’t have it. Steer clear of the temptation that many homebuyers succumb to, looking for a home before they have their financing in order...more...

Who Do I Trust?
We all have friend, relatives, professionals, mentors and others that we trust and respect. Chances are they have used a mortgage professional or know of someone who they can direct you to that has used one. It is good to use a mortgage lender that you have received as a referral...more...

Getting The Best Las Vegas Financing
This is where it comes in handy to have a few different names. There are so many different types of loan programs for each individual that it is impossible to set a standard on what to expect out of a loan. This is best discussed with your real estate agent...more...

Negotiations
The extent of how great a deal you get greatly depends on your own negotiating skills, but here are a few pointers. Get at least three good faith estimates...more...

The 5 Final Factors
Interest rate: Who can ultimately give you the lowest interest rate for your situation. Can they lock you in to that rate? ...more...

Closing Cost
These are the lender fees, escrow company fees, state taxes, inspections, and sometimes real estate costs that a you have to come out of pocket with unless you decide to have the seller pay for your closing cost. Normally these cost are 2 - 2 1/2% of the assumed sold price of the home you are wanting to buy. It is important to get these costs as low as possible...more...

Monthly Payment
Interest rates and the amount of money placed as a down payment have a large affect on what your monthly mortgage payment looks like...more...

Lender Relationship
It is very important to find a lender who you “get along with.” Sometimes it may even cost a little bit more, but in the end you need to be able to answer the question “Did I get what I wanted?’ “Yes!” The home finding process is usually the easier part of the home buying process. One of the top reasons that a purchase doesn’t make it through escrow is because of the lending...more...

Guarantees
It seems that in every profession there are always going to be those who individuals that are going to tell you what you want to hear but have no intentions of delivering. There is a real easy way to nip this in the bud. Lets say that you have negotiated your way to the lowest interest rate, mortgage payment, and closing cost, which of these Las Vegas lenders that you have been interviewing will be willing to back up what they say with a guarantee...more...

Hildreth Barnhill has access to some of the best financing in the Las Vegas valley. We are able to work with most types of buyers in many different ranges of credit scores.