Let Us Help You Buy Your New Home!
Purchasing a home is a very exciting time, and being well
prepared will help you make better decisions. Take this
opportunity to learn more about home buying and the mortgage
process. Below and throughout this site you will find
information that will help you with the purchase of your new home.
Am I ready to buy?
Buying a home offers many advantages, one of the most
significant being that it allows you to build equity (ownership)
when you pay your mortgage each month. A common myth is that
monthly mortgage payments are more expensive than rent. But,
in many cases, mortgage payments can be even less than rent.
When considering home ownership for the first time, you need
to decide whether buying makes financial and practical sense
for you right now or if you are better off renting. Consider
both the advantages and disadvantages to renting as well as
buying, and weigh the pros and cons for your situation.
How much house can I afford?
The first step toward finding the right home is to
quickly compute your purchasing power and determine how
much you can afford to pay each month. This saves you
time by allowing you to focus on homes in your price range.
In addition, in the planning stage, you should consider both the up-front and ongoing costs associated with purchasing a home.
Some up-front costs include:
Down payment: Typically ranges from 3-30% of
the cost of the house. The more you can put down, the
greater equity you will have in your home and the lower
your monthly payment will be. For down payments less than
20% you may also need to pay mortgage insurance.
Closing Costs: Typically range from 2-6% of the loan amount depending on your area.
On-going Costs: Your housing costs can include the following:
Monthly mortgage payment
If applicable - Flood Insurance
If applicable - Property taxes
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My Happy Clients
"I really recommend Peruz and his team. He provided me an excellent job. With his perfect performance I could get my house loan. It was a difficult case and his qualifications and expertise made it happen."
"We have just expeditiously completed our second refinancing transaction with Peruz and continue to be highly satisfied with his services. He is 100% "in your corner" and pays extreme attention to each detail in the process so that the client receives absolutely the lowest rate possible and money back if at all possible. Furthermore, the process was conducted very rapidly unlike a previous transaction with another firm wherein we felt as though we were mere "numbers" and that our being satisfied with the outcome was of no importance to the broker. We highly recommend Peruz and his firm without reservation. "
"I was referred to Peruz Jelveh by a friend who worked with him on refinancing. As a 1st time home buyer I was totally unfamiliar with the process and had no idea what to expect. Peruz has a keen sense of the overall markets and gauged the rates and seized our Rate Lock at the right time. But most important to me was that he explained all the intricate variables regarding the various options in loan products, costs and pricing. I felt like he held my hand through the whole process, and on top of that, he and his team managed to close my transaction 11 days ahead of our Close of Escrow date! I have since referred Peruz Jelveh to my family and peers and highly recommend him to anyone who’s shopping for a well rounded professional"