Let Us Help You Buy Your New Home!
Purchasing a home is a very exciting time, and being well
prepared will help you make better decisions. Take this
opportunity to learn more about home buying and the mortgage
process. Below and throughout this site you will find
information that will help you with the purchase of your new home.
Am I ready to buy?
Buying a home offers many advantages, one of the most
significant being that it allows you to build equity (ownership)
when you pay your mortgage each month. A common myth is that
monthly mortgage payments are more expensive than rent. But,
in many cases, mortgage payments can be even less than rent.
When considering home ownership for the first time, you need
to decide whether buying makes financial and practical sense
for you right now or if you are better off renting. Consider
both the advantages and disadvantages to renting as well as
buying, and weigh the pros and cons for your situation.
How much house can I afford?
The first step toward finding the right home is to
quickly compute your purchasing power and determine how
much you can afford to pay each month. This saves you
time by allowing you to focus on homes in your price range.
In addition, in the planning stage, you should consider both the up-front and ongoing costs associated with purchasing a home.
Some up-front costs include:
Down payment: Typically ranges from 3-30% of
the cost of the house. The more you can put down, the
greater equity you will have in your home and the lower
your monthly payment will be. For down payments less than
20% you may also need to pay mortgage insurance.
Closing Costs: Typically range from 2-6% of the loan amount depending on your area.
On-going Costs: Your housing costs can include the following:
Monthly mortgage payment
If applicable - Flood Insurance
If applicable - Property taxes
Free Rate Quote!
Get free rate quote and closing cost analysis. Use our 3 Step form to get started!
Our Happy Clients
"The home buying process can be intimidating and scary...Working with Damien helped to ease all the above. I am a veteran and he went above and beyond assisting with things most people would turn their back on. His expertise, professionalism, and responsiveness are well beyond 5 stars. From beginning to end he communicated everything and every step of the way he was on top of everything...Not only do I recommend him but I will utilize him for years to come."
"From pre-approval to closing, Damien has made the deal go through in record time. He is trustworthy, knowledgable, efficient and ALWAYS available. Saying he goes the extra mile is an understatement. This was my first purchase in over 10 years so I was a little hazy on the process and on top of that I was working with no agent. Without Damien on my side I don't think this deal would have gone through. I had many questions during the escrow process and he was always there to answer them. He even saved me $300 in attorney fees by called his lawyer to verify items in my contract right in the middle of his son's baseball game! That's dedication! If you're looking for a quality broker then congratulations your search is over."
"Damien is an incredibly honest, helpful and dependanble Loan Consultant. Helped me buy my first home and was always there to answer my questions and address my concerns. If you want an honest, decent guy, I highly recommend."
"Working with Damien was a great experience while purchasing our first home. He was very quick in responding to our emails and he answered all our queries very patiently. Even during his vacation, he was making sure everything was on track. We would highly recommend him and his teammate Mary for all your lending needs."
"It was such a pleasure to work with Damien Grant @ New American Funding. He was highly professional, knowledgeable and always looked out for our best interest. He explained our every concern thoroughly and always called us back promptly, even after hours :) . With Damien Grants (Loan Consultant) help we can proudly say were are officially multi property owners. We highly recommend him to anyone/everyone who are interested in owning a property………..Keith & Arlene Dawson…Los Angeles, CA."
"I have always wanted a home for my family but it never seemed truly possible just a dream that was close but still too far away. Until one day when Damien Grant made that dream look possible. I could not believe how knowledgeable, helpful and responsive he and his team was. I could send him a text at anytime and get a response no matter how crazy my questions were or how often I ask them again and again I always got a pleasant response and reassurance that it was okay. Thank you! Is not enough for everything Damien Grant and his team did for my family."
"I want to thank Damien Grant for his level of service and professionalism. Damien was really prompt and answered all questions that came to mind. I would really recommend him to other potential buyers that I know."
"I’ve known Damien Grant for years and there is no one else that I would trust with my refinance more than him. He was incredibly professional and kept me informed during the entire loan process. He went above and beyond! He helped me with creditors and gave me advice on what's the best way to approach the situation. He went out of his way to raise my credit score within 24 hours to get me the best available rate. You will not regret your choice if you decide to work with Damien Grant. We truly THANK him for the services he was able to help us with and will again use him for any of our future lending needs."