Harrisburg, Hershey and Lancaster real estate and homes for sale in Pennsylvania, Pennsylvania Dutch Country - The John Smith Team, REALTORS® The John Smith Team REALTORS(r) for Harrisburg, Hershey and Lancaster, Pennsylvania real estate, Pennsylvania Dutch Country - NUMBER1EXPERTS™ The John Smith Team NUMBER1EXPERTS(tm) for Harrisburg, Hershey and Lancaster, Pennsylvania real estate, Pennsylvania Dutch Country
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The John Smith Team, REALTORŪ, real estate agents and broker for Harrisburg, Hershey and Lancaster Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why we are top real estate experts. Call us: 717-367-2400, 717-838-1000 or 717-533-1100 Direct.



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Mortgage Prequalification: Harrisburg, Hershey and Lancaster Pennsylvania home buying, real estate listings, and homes for sale in Lancaster County, PA
Welcome > For Buyers > Mortgage Prequalification ...


Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend! 

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. 

We help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. 

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 Harrisburg, Hershey and Lancaster REALTORSŪ to offer services such as these. 

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... 

About You
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About Your Home Search
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Loan Info
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Real Estate Tips
Financing Your Home >Hybrids Offer Low Rates

In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.

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Real Estate Trivia
Q 
Where is the world's largest mud building?

A 
The Grand Mosque in west Africa measures 328 feet long and 131 feet wide, and has been carefully maintained for centuries by local craftsmen, especially during the rainy season.
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The John Smith Team, REALTORŪ, real estate agents and broker for Harrisburg, Hershey and Lancaster Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

The John Smith Team
John Smith Real Estate Group

1255 South Market Street, Suite 101
Elizabethtown, PA 17022
Direct: 717-367-8310
Elizabethtown Office: 717-367-2400
Hershey Office: 717-533-1100
Elizabethtown Fax: 717-367-1950
Campbelltown Office: 717-838-1000
Email: john@johnsmithteam.com

John and his team of 13 professionals have been raising the standards for real estate sales in Central Pennsylvania for 24 years. Ranked #1 Top Producing Agent by Greater Harrisburg Board of Realtors 13 out of the last 14 years. With 250 home sales in 2006 with a sales volume of over $45 million, John has been recognized as one of the Top Real Estate Agents regionally and nationally. With strong family ties that include his wife, Eileen, of 32 years, and three sons, John is also committed to his community and his clients' real estate goals. Call or email John today and become a client for life!

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