Goals For The New Year

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MINT HILL, NC – As we continue through the Holiday season it is only natural to look about at what a year it has been, and what may be across the Horizon in 2023.  Many times, the plans ahead are health-related, financial, personal, etc. If by chance the financial piece of the goal includes real estate, this information may be useful.

From a perspective of a first-time homebuyer, the goal may be to purchase that first home, but one may think they do not have the credit or down payment to purchase.  Great news! Many good lending institutions have tools to not only see one’s credit, but to tell them exactly what can be done to get a score up.  Therefore, if one is to begin the plan now, they typically take about 30-60 days to complete and then purchasing becomes a reality.  The second piece is that if the credit score gets to around 640, or above, then many down payment assistance (no down payment loans) come into the realm, in which both obstacles are cleared!

Secondly, a goal to a non-first-time homebuyer may be an investment property.  Investment properties do require a little larger down payment, but as long as the down payment can be planned for or saved, there are loans in which no income documents are needed.  Therefore, as long as the property will generate revenue and a down payment is obtained, that goal can become accomplished as well.

As we head into the new year, if one would love to discuss goals, hurdles, plans, I am always happy to help (brandon.wolf@primisbank.com / (704) 430-6138.

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Brandon Wolf
Brandon was born and raised in the Mint Hill area and graduated from Independence High School. He went on to play college baseball at Wingate University. Brandon met his wife at Independence HS, dated all through HS, college and got married right after college (they have a little boy due in September). Brandon has been a Mortgage Loan Officer, in Mint Hill, for over 7 years. "Mint Hill is more than the place I work, it's been my home. I grew up, played baseball, met my wife. I truly love helping people get mortgages in this town I have always called HOME" says Brandon.