Are you thinking about using a mortgage to buy a lake home? Since interest rates are low, it’s a good time to use a loan. However, mortgaging a home comes with unusual considerations during the pandemic. Lake Homes Realty’s CEO, Glenn Phillips, names these 4 mortgage challenges to keep in mind:
- Money is not easy or fast
- The process requires extra verification
- The pre-approved letter doesn’t matter as much as it used to
- It’s important to take extra time in the process
When you’re ready to buy a lake home, visit lakehomes.com and check out our daily listing updates.