If you’re looking to buy a new home, you may have considered purchasing a brand-new home, rather than one that has already been built. There are many benefits to buying a new construction home, but there are also many factors to consider when you are making your choice. If you are looking to buy a new home, these tips can help you make the right home purchase decision for you.

  1. Get pre-qualified – Whether you’re purchasing a custom-designed home for you and your family, or a home in a newly-constructed subdivision, you will need to make sure you have been pre-qualified for a mortgage. This will help you save time, and make sure that the home you’re building, or the homes you want to look at, are within your price range. Your lender will also be able to put you in touch with a qualified real estate agent to help you during the next step in the process.
  2. Make sure it’s really what you want – As with any major life decision, it’s important not to rush into buying a new home. Weigh the pros and cons of buying new construction versus buying an existing home. For example, if the new development is farther away from the city, will this affect your commute? Do you like the way that modern construction looks? If you have a view, will it still be there in 5 years? Are you comfortable with the extra work that may be involved in landscaping a newly built home? These are all important factors to consider when deciding whether buying new construction is right for you.
  3. Do your research – Before making any commitments, it’s important to research the builder that is building your potential new home. Know their reputation and ask for client references. Visit other communities that they have built in. Research the neighborhood too; drive around, visit model houses, research zoning laws, and talk to locals. Your real estate agent will be able to provide you with insight into the neighborhood(s) you are interested in as well, and will have other recommendations.
  4. Ask about the HOA – If the subdivision you’re looking at has a homeowners’ association (HOA), you will want to ask the builder for the HOA’s Declaration of Covenants, Conditions, and Restrictions (CC&Rs). This will tell you about things that the HOA may or may not allow in the neighborhood – and some of those things may be a deal-breaker for you. Additionally, find out what the HOA dues are, and when you are expected to start paying them.

Buying a new construction home can be a great investment. Your home’s design and layout will be new and up-to-date, and you will have some say in the home’s design, the fixtures, and the overall look of the house, to help make it more “yours.” But it’s important to make sure that you know everything associated with buying a new home before you make the decision. If you have more questions about buying a new construction home, contact one of our licensed Mortgage Loan Originators. If you are ready to begin the home buying process, click here to get started!

LJaneFloyd_TopOriginator2014_NFMLendingINTHICUM, MD, April 27, 2015 — NFM Lending congratulates Jane Floyd, a Branch Manager in Tampa, FL, for earning two rankings on the Scotsman Guide’s 2014 Top Originators lists.

“I, along with all of our NFM family, would like to congratulate Jane and her team on her outstanding numbers and her current ranking amongst her peers in both volume and units,” said David Silverman, CEO of NFM Lending. “Jane is a phenomenal time manager, as she juggles being a top performer with coaching and still putting her relationships and family first.”

Each year, the Scotsman Guide recognizes top producing mortgage loan originators throughout the United States. Originators can be ranked in any of the ten categories, including Top Dollar Volume, Most Loans Closed, and Top Purchase Volume, among others. Floyd was ranked in both the Top Dollar Volume category as well as Most Loans Closed. She ranked #172 of 300 in the Top Dollar Volume category, and #82 of 150 in the Most Loans Closed category.

“It’s only a matter of time that Jane Floyd will break the top ten of all Loan Originators nationwide,’ said Jan Ozga, President of NFM Lending. “Jane is the gold standard in the mortgage industry, and there are very few people that come close to matching her energy.”

Over 1,000 Originators from across the nation were considered for this year’s rankings. To be considered for the rankings, entrants must have either had at least $30 million in loan volume, or closed 100 home loans in the 2014 calendar year. Floyd had over $65 million in loan volume, and closed 302 loans in 2014.

“I am so grateful to be ranked in the Scotsman guide,” said Floyd. “It’s an amazing feeling to know we helped that many families achieve the dream of home ownership. I could not have done it without such an amazing company behind me.”

NFM Lending is proud of Floyd’s accomplishments and wishes her continued success.

For more information, please contact:

Jane Floyd
Branch Manager
NMLS# 327235
Phone: (813) 961-3900
jfloyd@nfmlending.com
https://nfmlending.com/jfloyd

About NFM Lending

NFM Lending is a mortgage lending company currently licensed in 29 states across the United States. The company was founded in Baltimore, Maryland in 1998. They attribute their success in the mortgage industry to their steadfast commitment to their customers and their community. NFM Lending has firmly planted itself in the home loan marketplace as “America’s Common Sense Residential Mortgage Lender.”

For more information about NFM Lending, please contact:

NFM Lending
Toll Free: 1-888-233-0092
pr@nfmlending.com
www.nfmlending.com
Twitter handle: @NFM_Lending

Click here for original press release.

LINTHICUM, MD, October 13th, 2014 — NFM Lending would like to congratulate Erin Johnson, Mortgage Loan Originator in Maryland, for being named one of the Core Cokes of the Week on October 1st, 2014. Core Cokes are recognitions made to students excelling in one of the training programs run by The CORE Training, Inc’s Corporate Concierge Team. Many of NFM Lending’s employees follow The CORE’s values and training. NFM Lending is proud of Erin Johnson’s achievement, and wishes her success in the remainder of her training.

To view Erin Johnson’s congratulatory video posted by The CORE, please click here.

For more information about NFM Lending, please contact:

NFM Lending
Toll Free: 1-888-233-0092
pr@nfmlending.com
www.nfmlending.com

 About NFM Lending

NFM Lending (formerly NFM, Inc.) is a mortgage lending company currently licensed in 30 states across the U.S. The company was founded in Baltimore, Maryland in 1998. They attribute their success in the mortgage industry to their steadfast commitment to customers and the community. NFM Lending has firmly planted itself in the home loan marketplace as “America’s Common Sense Residential Mortgage Lender.”

About The CORE Training, Inc.

The CORE Training, Inc. is a professional mortgage and Real Estate coaching company that provides mentoring and coaching to mortgage lenders and Real Estate Agents from all over the country.

Link to original press release: EIN Newsdesk