Renter’s Common Questions to Buying a Home

Is it Possible for ME to Buy a Rapid City Home??

 

 

 

Hello and Welcome from The Emond Team at Mindful Living Realty
and Angelia Dale with Gateway Mortgage.

 

You have questions.  We are here to give you some answers!

Here are the most common questions renters have when thinking about getting into their own place:

 

Q:  I’ve heard I need a 20% downpayment.  There’s just no way that’s gonna happen.  How much downpayment is needed?

A:  If you qualify for a Veterans loan (past or active military service), the downpayment is 0%!  Otherwise you can get into a property with downpayments as little as 3% down.  A conversation with Angelia will help her define what is the best program for you.  If that seems too steep for you, there are downpayment assistance programs that may be able to help!

 

Q: What is involved in the pre-qualification process?

A: It’s really easy!  A 30 minute meeting with Angelia will get you rolling.  She will pull your credit, find out more about your household income and employment, and give you loan options that may work the best for you!  If you aren’t available for a face to face meeting, she can gather the information she needs via a phone call and online app.

 

Q: What kind of a home can I get around my rent payment?

A: With your $900 to $1,200 rent payment, you could have your own yard!  Check out the available homes that may work for you HERE!

(Note your exact monthly payment will be determined by Angelia based upon your credit score, loan option, and current interest rates)

 

[one_half]Home Buying Services Provided by

Tristan Emond
The Emond Team
605-539-3967
te**@ra**************.com

Mindful Living Realty
4447 South Canyon Road, Suite 1
Rapid City, SD  57702

 

Equal Housing Logo

An Equal Housing Opportunity

 

[/one_half] [one_half]Home Mortgage Services Provided by

Gateway Mortgage Group Logo

Angelia Dale
Loan Originator, NMLS #175544
605-490-2246
An**********@ga*********.com

Gateway Mortgage Group
1301 W Omaha Street, #118
Rapid City, SD 57701

 

Disclosure:

Gateway Mortgage Group is a registered service mark of Gateway Mortgage Group, LLC NMLS 7233. All loans subject to program guidelines and final underwriting approval. Contact local branch for details. 1301 W Omaha St #118, Rapid City, SD 57701. South Dakota Mortgage Lender License #ML.05071.

[/one_half]

 

I’m ready to Learn More…

[contact-form to=”tr*****@ra**************.com” subject=”I’d like to learn more about buying a home!”][contact-field label=”Name” type=”name” required=”1″][contact-field label=”Email” type=”email” required=”1″][contact-field label=”Phone” type=”text” required=”1″][contact-field label=”Comments?” type=”textarea”][/contact-form]