Ellicottville real estate and homes for sale in New York, resort properties, vacation homes - Larry and Louise Oeffling, REALTORS® Larry and Louise Oeffling REALTORS(r) for Ellicottville, New York real estate, resort properties, vacation homes - NUMBER1EXPERTS™ Larry and Louise Oeffling NUMBER1EXPERTS(tm) for Ellicottville, New York real estate, resort properties, vacation homes

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Larry and Louise Oeffling, REALTOR®, real estate agents and broker for Ellicottville New York home listings, property and land for sale - NUMBER1EXPERT(tm)
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Mortgage Prequalification: Ellicottville New York home buying, real estate listings, and homes for sale in Cattaraugus County, NY
Welcome > For Buyers > Mortgage Prequalification ...


 Know Exactly How Much You Can Spend BEFORE Shopping For a New Home!

You might have an idea of the loan payment and mortgage you can afford. But will the bank feel otherwise? It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend you.


In the pre-qualification process, you will find out:

Exactly how much home or land you can afford.
How much cash you will need for the down payment.
The minimum down payment, and advantages of higher down payments.
What the bank feels you can afford for a monthly payment.




REMEMBER
: we will respect your privacy! We know this is your personal information, and we will not distribute it to anyone, other than to our preferred mortgage broker. This service is also provided FREE of charge, without any obligation on your part. It is part of our job as top Ellicottville REALTORS® to offer such services.


We help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. Once you fill out the form, we will quickly process your information and get right back to you!

We can help you pre-qualify for your mortgage. It's our job! This is free and without obligation... 

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Real Estate Tips
First Time Buyers >More Down Payment Help

One of the most common deterrents to first-time home buyers is the lack of a down payment. However, the home loan industry has practically re-created itself in the last ten years, making it easier than ever to obtain a mortgage, and new mortgage programs are always cropping up.

Some states sponsor loan programs that allow buyers to purchase a home without putting any money down. A parent or other relative can guarantee repayment of ten percent of the loan if the buyer defaults. The only cash needed is for the closing costs, which typically run about three percent of the loan. Parents can also give their children down payment help through a personal note or second trust deed. The terms can be set up for monthly payments or annual payments amortized over a period of time. You could pay the interest only, and have the payoff due when the property is sold.

With so many alternatives, doesn't it make sense to call your real estate agent for a free consultation? You may be closer to home ownership than you think.

See All Tips In The "First Time Buyers" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What are considered the ideal conditions for a seller's market?

A 
In a seller's market, prices are firm and good houses are sold before advertised or as soon as they show up in the MLS.
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Larry and Louise Oeffling, REALTOR®, real estate agents and broker for Ellicottville New York home listings, property and land for sale - NUMBER1EXPERT(tm)

Larry Oeffling
Ellicottville Real Estate

22 Washington Street
PO Box 1970
Ellicottville. NY 14731
Office: 716-699-6748
Fax: 888-569-8667
Email: LarryandLouise@NUMBER1EXPERT.com
Larry: Larry@ellicottvillerealestate.com
Louise: Louise@ellicottvillerealestate.com

Larry and Louise Oeffling are proud to announce the revival of THE ORIGINAL real estate company in Ellicottville, simply called Ellicottville Real Estate. We are now in our new downtown location at 22 Washington right between the Gin Mill and Earth Arts. Stop in to see us. Ask us anything about real estate. We'll help you!

Equal Housing MLS REALTOR



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