Rochester Hills, Bloomfield Hills, Birmingham and Troy real estate and homes for sale in Michigan, Oakland County, Home Sale Statistics, REALTORS® The Holland Team REALTORS(r) for Rochester Hills, Bloomfield Hills, Birmingham and Troy, Michigan real estate, luxury homes, new construction - NUMBER1EXPERTS™ The Holland Team NUMBER1EXPERTS(tm) for Rochester Hills, Bloomfield Hills, Birmingham and Troy, Michigan real estate, luxury homes, new construction
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Holland Realty Group, REALTORŪ, real estate agents and broker for Rochester Hills, Bloomfield Hills, Birmingham and Troy home listings, property and land for sale - NUMBER1EXPERT(tm)



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Mortgage Prequalification: Rochester Hills, Bloomfield Hills, Birmingham and Troy home buying, real estate listings, and homes for sale in Oakland County, MI
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 loan 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 would be willing to lend you. 

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

- Exactly how much home or land 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 pre-qualify for mortgages every day. 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 to our preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of our job as top Rochester Hills, Bloomfield Hills, Birmingham and Troy real estate agents to offer services such as these. 

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

We can help you pre-qualify for your mortgage. It's our job! This is free and without obligation... 

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Real Estate Tips
Financing Your Home >Balloon Mortgages

In loan terminology a "balloon" is the unpaid loan balance that must be paid in full on a specified due date. Federal savings and loan associations are permitted to make balloon mortgages with as little as five percent down and monthly payments that are smaller than the amount needed to fully amortize the debt. On the due date, which may be only a few years after the loan was made, the balance must be paid off or the loan must be renegotiated. Balloon borrowers must be cautious and plan carefully to avoid overlooking balloon payment obligations. It is easy to be lulled into complacency by the easy monthly payment terms.

Today's complex economics have produced a wide variety of options for potential borrowers, who are often surprised by how much house they can afford to buy. Loan approval is ultimately in the lender's hands, but your real estate agent can help you to determine your real buying power.

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Real Estate Trivia
Q 
What kind of home construction is considered to be the safest in seismic areas?

A 
Straw-bale homes in seismic zones have proven resilient enough to withstand the shock of earthquakes.
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Holland Team Realty

Keller Williams Realty


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The Holland Team, REALTORŪ, real estate agents and broker for Rochester Hills, Bloomfield Hills, Birmingham and Troy home listings, property and land for sale - NUMBER1EXPERT(tm)

Paul & Tone Holland
Keller Williams Realty

Lake Orion, MI. 48360
Office: 248-530-7254
Direct: 248-343-0449
eFax: 248-920-0558
Email: Info@TheHollandRealtyGroup.com

Meeting your real estate needs! Everything you need to know about buying or selling a home can be found here on the Holland Team's Web site! As the preeminent real estate professionals in Oakland County, they are dedicated to providing the finest service available while breaking new ground. The Holland Team covers the following areas: All of Oakland County, including Rochester Hills, Rochester, Oakland Township, Bloomfield Hills, Birmingham, Troy, Clarkston & Lake Orion. Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game. Paul, Tone, and their team go the extra mile to help you achieve your goals. That's why they constantly research the market and property values so that your home is priced effectively from day one. They also make sure the public knows your home is for sale by using innovative advertising and advanced marketing techniques to attract the maximum number of potential buyers. NOT ANY REALTOR WILL DO! Whether you're buying or selling, you've come to the right place. Contact them today! Call 248-396-9858 or email Info@TheHollandRealtyGroup.com.

ABR ePro Equal Housing GRI MLS REALTOR


Keller Williams Realty real estate and homes for sale in Rochester Hills, Bloomfield Hills, Birmingham and Troy

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