A Quick Guide to Home Buying

Keep these points in mind when searching for your perfect home.

  • Determine your down payment. A higher down payment will often lead to a lower interest rate on your mortgage.
  • Obtain preapproval. Getting preapproved for a mortgage helps determine your price range. Chemical Bank offers a variety of mortgage options with great low rates; call one of our Mortgage Loan Officers at (800) 867-9757 or visit www.ChemicalBankMI.com to learn more.
  • Get a real estate agent. Most homebuyers are better off relying on the professional experience that a real estate agent can provide.
  • Compare prices on properties in the area. Compare nearby homes to get a good sense of reasonable prices for those you are interested in.
  • Make a reasonable offer. Consult your real estate agent about making the best possible offer.
  • Get your prospective home inspected. Complete a home inspection to reveal shortcomings before closing.
  • Close the transaction. Sign all the mortgage documents and other paperwork to assume ownership of your new home.

For more information on finding the right home for you, stop by your local Chemical Bank office or call one of our Mortgage Loan Officers at (800) 867-9757 so we can help you through every step of the process.