Friday, August 03, 2007
If you are thinking of buying a home in New York and you're worried about getting funding, don't worry at all. Just contact Shoreline Capital. They have access to over sixty lending institutions and can create a loan arrangement that is custom-made for you. Remember, the better your credit rating is, the better chance you have of getting a loan as close to the prime rate as possible and some banks will give you one hundred percent financing. What constitutes a good credit rating? If you have a FICO score of over 700, then you have a very good chance of getting a great deal on a home loan with possibly one hundred percent financing. Be sure to check your FICO score yourself first. If it's below 600, then you know you have to work at paying down your debt and getting your finances in order so you can increase your FICO shore. Where can you find that information? Right here at My Fico. If you need more information on how to improve your FICO score, then I highly recommend Suze Orman's My Fico Kit. Buying a new home, especially if you are a first-time home buyer is a big deal. Do your homework, get your FICO score at it's optimum best and shop around for a mortage. First-time homebuyers may be eligible for a grant to help pay closing costs, but only a loan officer can help you with that. Don't try to do these things on your own. Get professionals to help you so you can protect yourself and your most precious investment; your family and your new home. Visit H&G Sells Homes.