Brutally Honest Advice About Home Mortgages in 11 mins

Thinking about buying a home? https://pridelending.com/team/andrew-... Start your mortgage inquiry: https://pridelending.my1003app.com/16... A mortgage approval tells you what you qualify for, not necessarily what you can comfortably afford. Learn how to evaluate your monthly payment, down payment, interest rate, and pre-approval so you can make a home-buying decision based on the numbers that actually work for your life. We also break down how to compare different down payment options, what to look for when comparing loan estimates, how much work may have gone into your pre-approval, and why you should not rely on the hope that mortgage rates will fall later. By understanding the payment you are taking on, the cash you need, the cost of your rate, and what may be keeping a loan from working today, you can make the decision with real information and a clear plan. Timestamps: 0:00:00 - Intro 0:00:57 - Decide What Payment You Can Afford 0:02:01 - How Much Should You Put Down? 0:04:01 - Comparing Mortgage Rates and Loan Estimates 0:05:41 - Understanding Your Pre-Approval 0:07:31 - Mortgage Rates, Rate Locks, and What to Do If Buying Doesn't Work 0:10:00 - Making the Decision With Real Information Pride Lending LLC 11411 Southern Highlands Pkwy Ste 350 Las Vegas, NV 89141 Company NMLS #2230004. All loans are subject to credit and property approval. Terms, conditions, and program parameters are subject to change without notice.