Plan your home purchase in Austin
Maria Soto Mortgage helps first-time and repeat buyers in Austin and Central Texas understand mortgage options, plan for costs, and prepare for lender review. We can discuss your questions in English or Spanish.
Your monthly housing budget
Include principal and interest, property taxes, homeowners insurance, mortgage insurance when applicable, and HOA dues. Plan separately for utilities, maintenance and repairs.
Plan for the full cost of buying a home
Cash needed up front
Budget for both the down payment and closing costs. Keep money available for moving and emergencies.
A payment that fits your life
Choose a comfortable payment before shopping. A preapproval amount does not have to be your spending limit. CFPB: Plan your homebuying budget.
Start with your goals
Discuss your target area, price range, preferred monthly payment and questions before starting an application.
Compare loan options
Review the proposed rate, payment, loan term and costs together so you can ask informed questions.
Know what to prepare
Understand preapproval
Have recent income information and an estimate of savings and debts ready. The lender may request pay stubs, tax documents, bank statements and the source of your down payment; requirements vary. CFPB: Prepare your documents.
Preapproval is preliminary and does not guarantee a loan. Read what to prepare and which questions to ask.
How Maria helps you prepare
Your next steps to buying a home
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1. Talk about your goals: Discuss your budget, target area and questions with Maria.
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2. Prepare for lender review: Provide the requested information securely and ask about preapproval conditions.
3. Search with your realtor: Use your comfortable budget when comparing homes.
4. Compare loan terms: Review the Loan Estimate, monthly payment and cash needed to close.
5. Complete lender review: Respond to document requests and any property-review requirements.
6. Close if approved: Read the final terms and costs before signing.
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Let’s plan your next step
Questions before you apply?
Schedule a call to discuss your goal, or send a general question below. Please use the secure application for financial documents.
Services
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My contact
info@mariasotomortgage.com
NMLS# 2100509
(737) 252-8491