First Time Home Buyer Mortgages

First Time Home Buyer Mortgages: Mistakes to Avoid

One of the most common mistakes of first time home buyers is underestimating the true cost of home ownership. Unfortunately, this mistake isn't exclusive to first time home buyers. Mortgages in general can be difficult to navigate without guidance, which is why We Florida Financial's mortgage loan officers are always ready to assist members to choose and understand their mortgage options.

True Cost of Home Ownership

Your mortgage shouldn't be the only thing in your budget. This may sound obvious, but with all the excitement home shopping can bring, sound financial decisions can easily be overlooked. Aside from your mortgage, there will be new expenses like repairs and maintenance costs to account for. Other expenses include insurance and property taxes.

Such pitfalls can be avoided with thorough preparation, no matter if this is your second mortgage or if you're a first time home buyer. Mortgages don't have to be complicated! Contact our mortgage loan officers today for assistance. Just call 954-745-2400 or 800-230-0200.