Buying Process

With many years of experience, XIA, LLC, is uniquely positioned to create an innovative solution to assist you in your residential property financing needs; whether is through assisting you with a traditional finance process as overviewed below or through one of our unique "No Bank Qualifying" solutions.

Financing a home can be a confusing and intimidating adventure.  Unfortunately, too many people embark on this task without the correct information and insight in the still many options available.

Securing financing; whether through a "traditional" mortgage, an owner-finance or rent-to-own program, as well as multiple other options may be available requires up to date knowledge of the real estate market as well as the mortgage industry to create a win-win situation.  We can help.

Be Prepared for the Journey
Whether you're trying to secure a purchase or a refinance real estate loan, you must follow a rather strict timeline. Depending on your level of preparedness, the process can be either smooth or rough. Before proceeding through the home loan process, start by taking the time to understand the system and make educated decisions.

Get Pre-approved
A loan prequalification or pre-approval is vital to the loan process, since it allows you to obtain an estimate of your borrowing power. We highly suggest that you not skip this fast, easy, free step. With a written pre-approval (including a certificate guaranteeing you a mortgage to a specified amount), you won't waste time looking at homes you can't afford. Rather, you can focus your time and energy shopping for YOUR ideal home.

Know Your Finances
Determine how much you can afford to spend. While you may qualify for one amount, it might be too high for your actual budget. Set a monthly dollar amount that you feel comfortable committing to. Don't forget to figure in additional costs, such as insurance and taxes, interest, and principle.

Check your Credit Report
While any lender can quickly run your credit report, you should acquire a copy first. Then, you'll know exactly what is on the report and can address any dubious or inaccurate items. Be sure to clear up any financial problems that you can.