Real Estate - Kristin Duncan - Keller Williams Advantage

CONNECT WITH A MORTGAGE LENDER

The first step in the home-buying process is connecting with a mortgage lender. Choosing a mortgage lender matters. In a competitive market, a lender helps determine whether or not your offer gets accepted. We have partnered with some of the strongest lenders in the industry that will maximize your buying power through their expertise and communication.

FINANCING MYTHS

I NEED A 20% DOWN PAYMENT TO

PURCHASE A HOME

You may qualify for as little as 0%-3% down payment. Your lender will help you determine this amount.
WORKING WITH AN AGENT IS EXPENSIVE

As a buyer, it is free to work with a real estate agent! The seller pays agent commissions.
IT'S CHEAPER TO RENT THAN OWN

Sadly, Florida’s rental market rates have surged over 32% in the last 2 years. The average price for a 1-bedroom apartment in Orlando is over $1700/month as of 2022.

Orlando had the second highest rental rate increase in the nation in the 2nd quarter of 2022. When you own a home, your mortgage principle and most interest rates do not increase throughout the life of the loan.
I NEED TO PAY OFF ALL OF MY DEBT

BEFORE PURCHASING

There are different types of debts that carry different weight as they apply to mortgages. For example, credit card debt weighs differently than college or medical debt.

A vast majority of homeowners have debt when they purchase a home.
MY CREDIT SCORE NEEDS TO BE PERFECT

BEFORE I SPEAK WITH A LENDER

Lenders have the ability to finance varying credit scores. Our lender partners work with you to improve your credit score prior to applying for a loan.

It’s recommended you speak with a lender as soon as possible, so they can assist in getting your credit on the right track.