Denver, Colorado (PRWEB) April 22, 2015
Mortgage Banker, Mr. Jason M. Ruedy, also known as The Home Loan Arranger, concurs with a recent Chron.com article that states home buyers need a good budget plan before making an offer to purchase a home.
Additionally, Mr. Ruedy agrees with the article's four tips for potential home buyers: 1) build strong credit, 2) demonstrate the ability to save, 3) reduce debt, and 4) get educated. However, he also believes that understanding the different types of mortgages available to potential homebuyers is also an important consideration.
According to the abovementioned Chron.com article published on March 13, 2015, Mortgage: There are Secrets to Budgeting for Home Purchase, "Living from one paycheck to the next may be the norm for many people. But home buyers need a better strategy."
Mr. Ruedy believes the article provides valuable tips on how to plan for applying for a mortgage and making an offer on a home. He also thinks that understanding the various types of mortgages available to homebuyers can make a big difference - especially to those that do not have a 20 percent down payment.
"People interested in purchasing a home are often led to believe that they must have a 20 percent down payment or they will not qualify for a mortgage. While it's great to have at least a 20 percent down payment, it is by no means a requirement for all buyers. I think it's important for buyers to understand that there are many mortgage options available. And just because you might not have a large down payment does not mean you are automatically excluded from the possibility of home ownership." - Jason M. Ruedy, The Home Loan Arranger
Mr. Ruedy advises anyone thinking about purchasing a home to seek the advice of a reputable and experienced mortgage broker. A mortgage broker can educate a home buyer on all of the various mortgage options. Some types of mortgages have very strict requirements, and others are designed to help buyers who might not have a 20 percent down payment or a high credit score.
"The Chron.com article does an excellent job of highlighting important tips for people who are interested in becoming homeowners. I want to make sure people know that enlisting the help of an knowledgeable mortgage broker can make a big difference in the success of their home buying experience." - Jason M. Ruedy, The Home Loan Arranger
About The Home Loan Arranger:
Mr. Jason M. Ruedy, also known as The Home Loan Arranger, has 20+ years of experience in the mortgage business. His company was built around the crucial principles of hard work, discipline, and determination. The Home Loan Arranger evaluates client applications quickly and efficiently and structures loans with the best possible terms. Mr. Ruedy is successful in achieving loan closings for clients while meeting their highest expectations. Jason M. Ruedy is ranked #2 in the state of Colorado by Scotsman Guide, which is the top leading resource for mortgage originators.
For media inquiries, please contact Mr. Jason M. Ruedy, "The Home Loan Arranger":
The Home Loan Arranger
512 Cook St #100
Denver, CO USA
Phone: (303) 862-4742
Toll Free: (877) 938-7501