Thank you to James Goodman, Home Finance Consultant for the Credit Union of New Jersey, for breaking down the complex process of buying a home. James highlighted the entire home buying process step by step, including securing a mortgage and what to expect at closing, especially the different fees that will be factored in. He also went through the entire mortgage process, explaining how to calculate how much you can afford, the documents needed when applying for a mortgage, as well as the timeline for the entire process. When choosing a mortgage loan, and by extension buying a house, it is important to consider how much money you can afford as a down payment, what are your financial goals and how a home figures into them, and how the closing costs can affect the overall price of the home and how much money is required up front at closing. Please visit the following links for more information:
You can contact James Goodman at (908)-860-7120 or firstname.lastname@example.org with any questions or for further information on any part of the home buying process.