Congrats!  You’re ready to buy a home…but what do you do first?

First and foremost, you should pat yourself on the back for making it to this incredible milestone in your life. Enjoy this moment.

Homes are a big investment, and probably one of the biggest financial commitments you’ll ever make. Luckily, you don’t have to have hundreds of thousands of dollars saved. (If you do, that’s wonderful) The reality is almost everyone has to pay back their home over time. However, it doesn’t need to be confusing or scary to enter a mortgage. That’s why our partner LMC Home Loans should be your first stop. 

Forget the paperwork and numbers for a minute. Forget what you’re hearing from people in the media. These things are meant to overwhelm you as a consumer and distract you from making the most informed decisions possible.

Let’s take it back to the basics—a mortgage is just an agreement between you and a lender that allows you to borrow money to purchase a home and/or the land your home sits on. However, this agreement can look different for everyone depending on your finances.

 Your finances can mainly affect:

·     The type of loan you can use

·     The interest rate you’ll receive on your home

 Since you’re interested in a Berks Home, it is of the utmost importance that you find a lender who knows about financing a newly constructed home. Whether you are a first-time homebuyer or looking to move into a bigger home, now is the time to reach out to LMC Home Loans to start the process of buying a Berks Home.

LMC prides themselves on making mortgages simple. Berks Homes is proud to partner with this lender, and our homebuyers love them too. Their team knows about the market, can explain your options in an understandable way, and they’ll treat you like family.

If you didn’t think it was possible to purchase and afford a new home in today’s market, think again!

So what’s the first step in the homebuying process? Aside from congratulating yourself, reach out to Dee or Clint at LMC—it’s free for them to run your credit report and discuss it. They can talk you through your personalized plan to get your Berks Home.

After you call Dee or Clint, you can expect the following to happen:

 Pre-approval

LMC will run your credit and give you a pre-approval. With that pre-approval, you can know exactly what budget you’re working with and which communities, floorplans, and upgrades you can choose. Dee and Clint are knowledgeable about what Berks Homes offers, so she can begin to advise you on decisions with your builder from the start.  

Choose a lot

Choose a lot that suits your needs, and we’ll check with LMC to make sure that lot will allow you to have the home you want and the home you can afford.

Pick a floorplan and exterior

Pick a floorplan that’s offered for your lot! Not only do you get to choose a floorplan, but you also have options for the elevation (or exterior) of the home. LMC will let us know what you can afford to do, and she’ll advise you on the best decision, so you don’t have to ask any uncomfortable questions on pricing or feel confused about what you should choose.

Head to the selection gallery

Your home gets built by our experts, and while that’s happening, you’ll take a trip to our selection gallery. Keep in mind that everything you choose gets rolled into your mortgage! How convenient is that? It’s best to make the upgrades you know you can afford now, so you don’t have to pay for them separately later. 

Close on your home!

Now, that Dee or Clint has answered all your questions, it is time for settlement. At this point, you will meet with the settlement company to sign some documents, in which you promise to pay your mortgage on time. There won’t be any surprises, and Dee and Clint will ensure you are comfortable with your monthly payment long before we settle at the table.

Ready to start? Call or Email LMC today!

 Dee Shoff

Vice President of Business Development

NMLS #359847

Office: 717-560-2114 Direct: 717-344-5803

Fax: 717-560-2267 dshoff@lmchomeloans.com

1794 Oregon Pike Lancaster, PA 17601

 Clint Baum
Mortgage Loan Officer 

NMLS# 748590
Direct: 717.575.8971  

Fax: 717.312.8913cbaum@lmchomeloans.com

LMC Home Loans is licensed by the PA Department

of Banking, NMLS# 836585