Wilbraham, Monson and Palmer real estate and homes for sale in Massachusetts, New Construction, Luxury Homes - Shannon Donohue Real Estate, REALTORS® Shannon Donohue Real Estate REALTORS(r) for Wilbraham, Monson and Palmer , Massachusetts real estate, New Construction, Luxury Homes - NUMBER1EXPERTS™ Shannon Donohue Real Estate NUMBER1EXPERTS(tm) for Wilbraham, Monson and Palmer , Massachusetts real estate, New Construction, Luxury Homes
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Shannon Donohue Real Estate, REALTORŪ, real estate agents and broker for Wilbraham, Monson and Palmer  Massachusetts home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why we are top real estate experts. Call us: 413-283-6324 or 413-519-2676.


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Level of Satisfaction was EXCELLENT!
"Judy's level of service was EXCELLENT in every aspect!"
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Mortgage Prequalification: Wilbraham, Monson and Palmer  Massachusetts home buying, real estate listings, and homes for sale in Hampden, Worcester County, MA
Welcome > For Buyers > Mortgage Prequalification ...


Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend! 

You might have an idea of the loan payment and mortgage you can afford. But will the bank feel otherwise? It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend you. 

In the pre-qualification process, you will find out: 

- Exactly how much home or land you can afford. 

- How much cash you will need for the down payment. 

- The minimum down payment, and advantages of higher down payments. 

- What the bank feels you can afford for a monthly payment. 

We help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. 

Remember: we will respect your privacy! We know this is your personal information, and we will not distribute it to anyone, other than to our preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of our job as top Wilbraham, Palmer and Monson real estate agents to offer services such as these. 

Once you fill out the form, we will quickly process your information and get right back to you! 

We can help you pre-qualify for your mortgage. It's our job! This is free and without obligation... 

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Real Estate Tips
Financing Your Home >Your Financial Cushion

When you calculate how much you will need to purchase a home you will add up the down payment and closing costs. It is also a good idea to leave yourself with some financial cushion to cover the incidental expenses associated with moving.

First, you will have to pay the moving company unless you can find friends with strong backs who will help you. Then many buyers plan to do some work, such as painting, replacing carpet, or refinishing floors. If you are moving into a larger space, you may find yourself making some major furniture purchases within a few months of closing.

A financial cushion is important enough that some lenders require buyers to have an amount in the bank equivalent to two or three months mortgage payments. This is especially true for buyers who are putting less than ten percent down. Your real estate agent can give you guidance. A lot depends on your overall financial situation. If your mortgage is a relatively low percentage of your monthly income, you will be able to rebuild a comfortable amount of savings in a few months.

See All Tips In The "Financing Your Home" Category >
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Real Estate Trivia
Q 
What is the most unusual maintenance project done once each year in the United States?

A 
The Niagara Falls is shut down for maintenance every year in the fall by diverting the flow of water for 24 hours using a massive series of pipes constructed in 1837.
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Shannon Donohue Real Estate, REALTORŪ, real estate agents and broker for Wilbraham, Monson and Palmer  Massachusetts home listings, property and land for sale - NUMBER1EXPERT(tm)

Shannon,Judy,Jenn,Jeanne,Linda, Cheryl,Carrie,Jeff
Shannon Donohue Real Estate, LLC

4 Springfield St.
Three Rivers, MA 01080
Fax #: 413-289-1223
Office: 413-283-6324
Email: ShannonDonohue@WesternMAHomes.com

With Successfully selling over 50 Million dollars in Sales in the Western Massachusetts area, we are committed to the goals of our clients, helping them achieve their homeownership dreams through cutting edge technology, state of the art marketing tools and our full service marketing system. We accomplish this by a daily commitment of loyalty, pride, and teamwork. With our team concept, you will enjoy a friendly, positive and rewarding experience. Call Shannon Donohue Real Estate today and put success on your side!

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