48 Meriden Rd, Suite 1, Middlefield, CT 06455

Category: First Time Home Buyer

Unlock Savings with Northeast Financial’s SaveXchange Program

At Northeast Financial, we’re always looking for innovative ways to make your home-buying or selling experience more affordable and enjoyable. That’s why we’re excited to introduce our new SaveXchange program in partnership with NewZip. With SaveXchange, you can save up to 0.5% at closing when you use a SaveXchange realtor partner. Introducing SaveXchange: Your Path…
Read more

Unlock Homeownership with Our 0% Down Purchase Program

At Northeast Financial, we know how challenging it can be to save up for a down payment on a home. That’s why we’re excited to offer our exclusive 0% Down Purchase program, designed to help you achieve your dream of homeownership with no initial down payment required. How It Works Our 0% Down Purchase program…
Read more

Navigating the Challenges: Buying a Home in Today’s High-Interest Rate Market

In recent times, prospective homebuyers have been faced with the challenge of purchasing a home in a market with higher interest rates. Rising interest rates can have an impact on the affordability of a mortgage and the overall cost of homeownership. However, with careful planning, research, and the right strategies, it is still possible to…
Read more

Free Class: First Time Homebuyer 101

Are you in the market for your first home but feeling overwhelmed by the process? Northeast Financial is here to help! We offer a free First Time Home Buyer 101 class to help guide you through the home-buying journey. Our class is designed for those who are new to the home-buying process and want to…
Read more

7 Steps to Buy a Home

Buying a home for the first time can be an exciting and overwhelming experience. There are many things to consider when buying your first home, from finding the right property to securing financing and negotiating the purchase price. This guide will provide you with an overview of the key steps involved in the home buying…
Read more

Make your offer stand out with an Appraisal Waiver

What is an Appraisal Waiver? An Appraisal Waiver is when you qualify to skip the appraisal process when obtaining a mortgage. Why is this a big deal when putting in an offer to buy a new home? It tells the seller that there is no risk of the home appraising lower than your offer price…
Read more

The Purchase Process

1.) Speak with us to get pre-qualified. 5% 2.) Submit Supporting Documents 10% 3.) Receive Pre-Approval Letter. 15% 4.) Work with qualified, and professional Realtor. (We can recommend people) 20% 5.) Find a home that you desire, and make an offer with the guidance of your realtor. 25% 6.) Take a copy of your check…
Read more

How to Avoid Fake Pre-Approvals

How to Avoid Fake Pre-Approvals By Selena Boyts   You receive a call from an enthusiastic and considerate representative claiming to have an attractive pre-approved loan offer. Before getting too excited, pause and think before you act. More often than not, such calls are made by fraudsters or lenders trying to pull a fast one.…
Read more

The Difference Between Preapproval and Prequalification and the Importance of Preapproval

A prequalification does not require you to fill out an application; It simply relies on the information that you provide. A preapproval requires you to fill out an application and authorize your mortgage broker to pull your credit. I can provide you with either of these. I can tell you quickly what you will qualify…
Read more

Mortgage Broker or Bank?

There are many reasons why it can be better to work with a mortgage broker instead of a bank when you are trying to get a home loan. A great mortgage broker will work very hard for you to find you the best product and to help you get into your new home as quickly…
Read more