Don’t let the ghouls in through leaking windows this Halloween.

Are you looking to get your windows fixed or replaced before the winter? Before you do, let’s look behind the curtain and understand what type of sales tricks window salespeople will use.  

The company charges a higher price, ensuring you are overwhelmed by the initial quote.  

    •  This can be a common trend across many different types of vendors. Make sure you are paying attention to competitor pricing and getting multiple quotes. 

The company returns with a “better than ever” deal for you.  

    • Because they started high, this “better than ever” deal will actually be more reasonable to you, but still not a discount.  

You may think this is the best deal ever and jump to sign the contract, but this type of salesperson hopes you will make the jump on this deal because of the fear of the unknown. 

    • They want a quick close of the deal, take your time to look over all quotes to ensure you are going with the right vendor. Also, it would be a good idea to check out reviews from the company to see what other customers experiences are like.  

Larger companies also are aware that there are homeowners who make their purchase decisions quickly and will accept the initial quote and pay the inflated rate. This common sales tactic only adds to the company’s bottom line and supports its massive advertising budget. 

    • The overall takeaway is to not take the initial quote, make sure you shop around, and take your time!  

With a home renovation loan from First Home Mortgage, Sunday scaries and every scary in between will no longer be a concern. With a home improvement loan from First Home Mortgage, borrowers can complete their home renovation project with a fixed-interest rate personal loan. We offer loan term options that let homeowners pick the loan option that’s right for them. That said, don’t let vendors scare you into deals that could break the budget. Are you interested in learning more about renovation loans? Reach out to a qualified loan officer today to learn more!  

Don’t let owning a home top your list of spine-chilling terrors this Halloween! 

Vampires, witches, and ghosts that go bump in the night may have you shivering with fright, but don’t let owning a home top your list of spine-chilling terrors this Halloween. First Home Mortgage is here to lessen your fears and ease the panic regarding homeownership. 

Yes, you may need a down payment when buying a home. But did you know you may be able to put down less than 20%? Some buyers put down 3% or even less, depending on the type of loan, their income, and credit scores.  

Here are some easy steps to follow when making a home purchase:  

Contact a Loan Officer – If you are unsure about where to start first, it is best to consult with a loan officer. They can review your income and expenses and determine what type of mortgage and amount you could qualify for based on your finances.  

Contact a realtor – Once you know the amount of home you can afford, you can have your loan officer provide you with a few realtors to work with in your area. Realtors can help you with areas of interest and types of homes you like based on what you qualify for.  

Your credit – You will want to know your credit score to determine what you qualify for. Remember that you don’t need perfect credit to purchase a home, so don’t let that scare you off. The average credit score in the United States is 698, based on VantageScore data from February 2021.  

Gather all your documents! – When you put an offer in on a home, the process begins for collection of documentation to verify your income. Make sure you are ready! Some forms collected are W-2, tax returns, and pay stubs. You will usually need two years of documentation. 

Still afraid? Reach out to one of our qualified loan officers who can walk you through the home-buying process to make it less scary!


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