Homebuyer’s Guide

Be Prepared When Buying a Home

It’s important to be prepared when buying a home. To help you in doing so, we have assembled information to guide you through the home buying process. If you have any questions concerning the home loan process, please contact your Premier Home Mortgage Loan Expert who is on standby ready to assist you with your home mortgage needs.

Download the Homebuyer’s Guide

Step 1: Planning For Success

Before you start searching for a home, it makes sense to have a solid home buying plan in place. It’s important that you know certain things, like why you want to own a home, what price can you afford, your home buying options, who will you work with, etc.

Step 2: Understanding Mortgage Rates

  • What should I do first? First, consider whether you want to buy a home based on your personal situation. Understanding the benefits of owning, including the potential tax adjustments, is a good place to start.
  • How much can you afford? If you decide to buy a home, the next question would be to find out how much house you can afford. Creating a home buying budget can help you set realistic goals.
  • What type of house? Once you have a budget in place, consider the different types of housing options.
  • Who can help? Premier Nationwide Lending will be here for you every step of the way.

Once you have the home buying plan in place, you’ll need to spend some time in understanding mortgage rates, discount points, and annual percentage rates (APR), among other things. Mortgage interest rates may vary widely depending on a number of factors and your choices can help you get the lowest rate possible. Loans for Low-Income Homebuyers -

  • Choosing between a fixed or adjustable rate is an important decision that you’ll need to make when you select a mortgage.
  • Shorter terms tend to produce lower interest rates.
  • Paying discount points upfront can help lower your interest rate over time.

Depending on your personal situation, there may be a number of additional ways to lower your interest rate. If your state or local government considers you to be a low-income homebuyer, you may be eligible for the special low-rate loan programs. Your Premier representative will be happy to assist you in one of our Down Payment Assistance programs.

Step 3: Getting Organized

Get organized by knowing your credit history, gathering together your personal financial information, and learning more about the different types of mortgages and rates that are available. Getting ready ahead of time will help the process move quickly and smoothly. Take the following steps before you begin the prequalification process.

Step 4: Contact Us

  • Review your history: It’s a good idea to understand your credit score and review your credit history at the beginning of the process. Even if you have less-than-perfect credit, you may still qualify for a mortgage.
  • Gather your financial records: Premier will require specific financial records to approve and process your loan.

Before you start shopping for a house, talk to a Premier Nationwide Lending loan officer. They can provide you with valuable advice about the home buying and mortgage processes, and can help you get qualified for a loan. They can explain all of the rate and discount points, and help you consider all of your financing options.

Step 5: Find a Home

  • Advice you can count on. Your Premier Nationwide Lending loan officer has experience in working with all types of homebuyers needs. They can help you find the right loan to fit the needs of you and your family.
  • The importance of prequalification. When you get prequalified, you aren’t actually applying for a mortgage, but asking a lender to help you create a reasonable home-shopping budget.

Now that you’ve established a home-buying budget, the next step is to find a house. Premier can give you advice on making an offer and when to apply for your mortgage. To make your search easier, Premier can provide you with a Homebuyer Checklist to help you keep track of the properties you visit. By checking off the specific features of each home you visit, you’ll find it easier to compare your choices when it’s time to make your final decision. But before you begin your search, you’ll need to make a few key decisions.

  • What do you want in a home?
  • How many bedrooms do you need?
  • Do you require a garage or a basement?
  • What kind of schools are in the area?

Will You Work With a Real Estate Agent? Many homebuyers choose to work with a real estate agent to find a home. Since finding a home, negotiating the contract and closing the deal is such an important process, an experienced agent can provide guidance to help you avoid potential pitfalls. A reputable buyer’s agent should have vast knowledge of the real estate, price trends and neighborhood conditions. The agent will help you shop for your home, tour properties and be your negotiator, if bargaining over price is necessary. Who Is a Buyer’s Agent? A buyer’s agent is a real estate agent who represents only you and the purchase of your home. Be sure that you understand whom the agent is representing in a transaction. Remember that a seller’s agent is working for the seller - not you. Buyers are interested in getting the lowest price possible. If you decide to use a real estate agent, you should take great care in selecting one who meets your needs.

  • As a buyer, there’s typically no cost to you in working with a buyer’s agent.
  • Typically, the buyer’s agent receives part of the commission paid by the seller upon the sale of the home.

Step 6: The Road to Closing

You’ll need to make a number of important decisions between applying for a mortgage and closing the sale. Premier can help you prepare. The “closing” occurs when the finalized loan documents are signed and the mortgage funds are disbursed. At this time, you will officially own your home! It is important to understand what happens in the closing process before you get to it. This ensures everything is in place for a smooth closing.

Step 7: Service Continues

Once your home purchase is complete, our Premier Nationwide Lending mortgage representatives will be available to answer all of your questions during the life of your mortgage. Premier Nationwide Lending will be your Lender for Life.

Residential Mortgage Loan Originators

At Premier Nationwide Lending we have the right home loan for you. Whether a refinance, first- time homebuyer, VA, USDA, FHA or new home purchase, we have the right home mortgage for you. We specialize in teachers loans, health professionals, & firefighters, Homes for Heroes. We service all areas in East Texas; Tyler, Bullard, Athens, Lindale, Mineola, Canton, Van, Terrell, Arp, Flint, Whitehouse, Chapel Hill, Winona, Big Sandy, Liberty City, Kilgore, Gladewater, Longview, White Oak, Overton, Henderson, Rusk, Diana, Tatum, and Marshall. Utilizing our website, Tylerhomemortgage.com, you can start the process from your computer. Once we receive your loan app, our team will follow up and simplify the process for the first time home buyer or a repeat buyer. Our goal is to help you navigate thru the process and to bestow upon you the best customer service in the area.

It’s never a dull moment when Jeanna is around. Her enthusiasm and genuine ability to help everyone who comes to see her, makes her the best in the business for home mortgages in Tyler, Texas. Jeanna started in the Mortgage business 22 years ago. She loves meeting new people and getting to know them and their families. Her commitment is un-parallel, she will help you steer thru the loan process with ease.

Be sure to stop by tylerhomemortgage.com to get your loan started, Jeanna Hill will love to help you, We are your road to living the American Dream of home ownership.


Loan Center

Checklist

What you will need to ensure a smooth home mortgage process.

Loan Options

There are several loan options available when purchasing a home.

Down Payment Assistance

Find out more about special programs and who qualifies.

Calculator

Wondering how much you can finance?

Testimonials

Jeanna, I just want to thank you and Premier Mortgage Associates for closing and funding my loan in just 5 days. You all saw my need and worked a real miracle. I was impressed with your honesty and professional attitude while making me feel like family. My home is one of my biggest investments and I'm glad it was in your hands. Keep up the good work in Tyler, Texas!

Sans H. - East Texas Radio Group

Consummate professional is the best way to describe Jeanna Hill and Premier Mortgage Associates! She carefully walked me through my home loan process. Always had an answer when I needed one. Listened to my concerns and rested my fears. Jeanna held my hand and made my home loan experience an enjoyable one! I work with Jeanna on a professional level as well. She has never failed to meet a customer’s need, because she has the ability to understand and meet every individual’s financial needs. If the financial situation requires adjustment and improvement, Jeanna will instruct them how best to improve their situation with direct kindness. If you are any where near Tyler, Texas and need a home loan, I recommend and trust Jeanna Hill as a lender and a friend!

Holly E. - New Home Owner

I have been doing business with Jeanna Hill and Premier Mortgage Associates for about 5 years now. She has assisted me both on a personal and business level during this time period. Jeanna has processed several transactions related to refinancing my personal residences and has helped in securing permanent financing for investment properties. Jeanna has also provided my company, Cannon Realty, Inc., with unparalleled professional support. When we market our single family residences near the completion of the project, Jeanna is always available to assist prospective buyers in obtaining financing necessary to purchase one of our homes. She exhibits a genuine concern for her clients’ needs and offers professional service unmatched in the industry. Working with Jeanna has been an absolute pleasure and I look forward to a long and lasting business relationship.

Mike C., President - Cannon Realty, Inc.

I have been doing business with Jeanna Hill for 12 years now. I consider Jeanna not only a lender but a dear friend. She values her commitment to God, her family, and her customers, and it shows in her everyday walk. Jeanna has always taken good care of my customers and holds their hand through the loan process. She builds a personal relationship with each one. She takes every loan personally, and that speaks volumes! Jeanna goes over and beyond the call of duty. She even pre- qualified one of my customers on Easter Sunday afternoon a couple of years ago. I will continue to trust Jeanna's knowledge and professionalism with my customers for years to come. Jeanna and Premier Mortgage Associates are home loan experts of choice in Tyler, Texas!

Terri L., Broker-Associate - Choice Properties

Connect with us: My Mortgage App

Premier Nationwide Lending Tyler (73456) Site Retargeting Pixel: