John and Sally have a great life. They’re thinking about leaving their one-bedroom apartment and buying a home. Designing Spaces sends them to meet with Wells Fargo Mortgage Professional Joel Sarmiento to help them get on track to land a mortgage and buy their first house. Joel explains different types of mortgages, such as fixed rate and adjustable rate mortgages, what lenders are looking for in a buyer, and even touches on dealing with realtors.
He introduces John and Sally to a number of tools that could be very helpful to first time borrowers. The Wells Fargo PriorityBuyer® program helps you determine a price range before you go home shopping, and your real estate agent will know you are ready to buy. Wells Fargo’s My FirstHome learning experience walks you through all the steps of looking for a home, applying for a mortgage, and becoming a successful homeowner.