Delaware Mortgage Providers
Getting a mortgage is the second most important step in buying a house (the first is, of course, finding your dream house.)
Delaware is home to several mortgage service providers.
Following a credit check, mortgage providers qualify you for a specific amount to purchase a house.
Before the market crash of 2008, lending laws were lax. Even ineligible people were often qualified for mortgages that they couldn't afford.
Thankfully, the rules have been tightened and are also being implemented strictly.
Before applying for a mortgage, talk to at least three or four providers on the phone. Don't hesitate to ask questions.
Based on your comfort level after the phone calls, then schedule a meeting with at least two mortgage providers before finalizing one of them.
Remember to ask the mortgage provider if they work with the Delaware program for First Time Home Buyers.
With home prices still low, now might be a good time to consider a purchase.
Here are a few mortgage providers in Delaware:
Wide array of programs, competitive rates & low fees
The Rockford Shops
1400 N Dupont St
Wilmington, DE 19806