How we do business
 

We have built a reputation for client satisfaction, and our staff is devoted to making your move as easy as possible.
You will have the added benefit of working with an agent who understands your needs when buying, selling, or relocating. 


  Morgage Articles and Advice
 
      
How Much House Can You Afford?
   Debt-to-income Ratios
   Your Monthly Income - the way Lenders Figure it
   Your Maximum Monthly Mortgage Payment
   The Rest is Easy - Sort of
 
Your Down Payment Affects Everything Else
   Analyzing Your Savings - the First Step
   Mortgage Program Choices
   Shopping for Interest Rates
   Writing Your Offer
   Conclusion - Look at Your Savings First
 
Documenting Your Assets & Verifying Your Down Payment
   You can't just "come up" with the money
   Checking, Savings, & Money Market Accounts
   Stocks, Bonds, Mutual Funds, etc.
   Gifts from Family Member
   401K or Retirement Accounts
   Selling Personal Property
   Help from Employers
   Savings Bonds
   Borrowing to Come up with a Down Payment
 
Where Does Mortgage Money Come From?
   The Olden Days
   How it works now
   Mortgage Backed Securities
 
Different Types of Lenders
   Mortgage Bankers
   Mortgage Brokers
   Wholesale Lenders
   Portfolio Lenders
   Direct Lenders
   Correspondents
   Banks
   Savings & Loans
   Credit Unions
 
Advantages of Different Types of Lenders
   What kind of Lender is Best?
   Portfolio Lenders
   Banks and Savings & Loans
   Mortgage Bankers
   Mortgage Brokers
   Wholesale Lenders
 
When REALTORS® or Builders Recommend a Lender
 
Things You Need When You Apply for a Home Loan
   "Alternate" Documention versus Full Traditional Documentation
   The Actual List of things you need to get a quick loan approval
 
Closing Costs When Buying or Refinancing a Home
   Introduction
   Lender Associated Costs - the "normal" ones
   Lender Associated Costs - the "other" ones
   Items Paid in Advance
   Impounds or Reserves
   Costs not Associated with the Lender
   Refinancing Associated Costs
   Asking the Seller to Pay Closing Costs - Advice and Rules
 
Mortgage Interest Rates - How it Works
   A Loan Officer's Rate Sheet
   Pricing the Loan
   Quoting Rates to You
   Locking in Your Rate
   Shopping for Rates
   Getting Reliable Quotes
 

 
Buying a Home?
We'll take the time to listen to your needs and desires, and find your dream home. Your total satisfaction is our number one priority.
      
Selling a Home?
We will get your home sold for top dollar and in a timely manner. Our online and offline marketing programs will give you the edge you need to sell your home. We don't want to just list your home, we want to sell it! Fast!
      
Relocating to the Area?
If you are moving to our area, we can assist you in collecting the information you need, and make your transition as smooth as possible. Feel free to contact us for home finding assistance and area information.

About Us         Agents         Home Search         Get Pre-Approved         Contact Us

Hill Real Estate
204 4th Ave SE Cullman AL, 35055  (256) 734-1504


© 2007, Coldwell Banker Hill Real Estate. All rights resrved.  © 2007 Coldwell Banker Real Estate Corporation. Coldwell Banker® is a
registered trademark licensed to Coldwell Banker Real Estate Corporation.   An Equal Opportunity Company.  Equal Housing Opportunity.
Each Office Is Independently Owned and Operated Except Offices Owned and Operated By NRT Incorporated
.

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