Tips to Prepare a Budget Before Buying a New Home

Written by Florida Condotel Mortrgage on October 6, 2020. Posted in Florida Condotel Mortgage.

Most buyers start the process having no idea what they can afford. A good general tip is to calculate ownership costs and live within that budget while still renting. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing

#floridacondotels #floridacondotelmortgage #floridacondotelfinancing

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Rates posted assumes 25% down payment, and an ARM rate first mortgage on a Florida condotel, primary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions.

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