Welcome or Register
Back to Table of Contents

Avoiding Financial Stress

By asking the right questions, and knowing exactly what your needs are, you can find the right loan for you. There are certain approaches that you can take while mortgage shopping that can cost or save you money.

It is still true that the better qualifications you have, the lower your interest rate will be. However, there are mortgages available for almost everyone; it's the interest rates or the down payments that vary.

Before speaking with a lender, know what monthly dollar amount you feel comfortable committing to. Then when you discuss mortgage pre-approval with your lender, it is easier for you to determine the monthly amount and what value of home the monthly amount translates into. Do not put yourself in the position where you will be paying more each month than you intended simply because the dream home requires it.

Do your research on the types of mortgages available to you and find the one that best suits your needs. There are a number of considerations to be made in terms of finding the best mortgage for each individual:

  • What type of market are you in? Are the interest rates falling or rising?
  • Do you want a fixed mortgage rate, where you will always know what your payment is going to be?
  • What are your long-term goals? Do you intend to resell the property? Do you only need the mortgage for a short time?
Back to Table of Contents

Mike Hill Property Management - The premier resource for Property Management in Valdosta, Moody AFB, Lowndes and surrounding county areas.

Whether you're interested in finding a home to rent , having your rental home managed or just browsing…the internet is an excellent place to start, but no website can take the place of an experienced REALTOR®.    When you're ready to make a "move", allow us the opportunity to provide our many years of experience and dedication to your advantage.  Contact Us  with your

questions and for individualized advice and assistance.  It will be our pleasure to assist!

Mike Hill Property Management  Team

 

2215 Bemiss Road Suite F 
Valdosta, Georgia 31605
229-242-1401
www.mikehillrealestate.com

Contact Us

Thank you for visiting our web-site…whether you have a question about a specific property or a general real estate question we welcome your participation. Send us an email! No problem if you don't want to leave your phone number, but please provide your name and a valid email address. We will get back with you as soon as possible.

Again, thanks and we look forward to hearing from you!

MIKE HILL Real Estate

 





* fields are required

Mike Hill Property Management - The premier resource for Property Management in Valdosta, Moody AFB, Lowndes and surrounding county areas.

Whether you're interested in finding a home to rent , having your rental home managed or just browsing…the internet is an excellent place to start, but no website can take the place of an experienced REALTOR®.    When you're ready to make a "move", allow us the opportunity to provide our many years of experience and dedication to your advantage.  Contact Us  with your

questions and for individualized advice and assistance.  It will be our pleasure to assist!

Mike Hill Property Management  Team