Chesterfield real estate MO, St. Louis real estate, O'Fallon area real estate, home listings and homes for sale in Missouri - De Lynn Klosterhoff, REALTOR® De Lynn Klosterhoff REALTOR(r) for Chesterfield, St. Louis, O'Fallon area, Missouri real estate - NUMBER1EXPERT™ De Lynn Klosterhoff NUMBER1EXPERT(tm) for Chesterfield, St. Louis, O'Fallon area, Missouri real estate
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De Lynn Klosterhoff, REALTOR®, real estate agent and broker for Chesterfield, St. Louis, O'Fallon area Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 636-532-5900.


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RE/MAX Properties West













Mortgage Prequalification: Chesterfield, St. Louis, O'Fallon area Missouri home buying, real estate listings, and homes for sale in St. Louis County, MO
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. 

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

Remember: I will respect your privacy! I know this is your personal information, and I will not distribute it to anyone, other than to my preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of my job as a top St. Louis, St. Charles and the Surrounding Areas REALTOR® to offer services such as these. 

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

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

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Real Estate Tips
Financing Your Home >Mortgage Terms

New mortgage loan products offer a more complex selection of terms. Lenders now offer mortgages that are blends of short-term ARMs and 30-year fixed-rate loans with a lower fixed-rate of interest for a period of five, seven or ten years. Be sure that you understand what happens at the end of the initial term before you sign on the dotted line for such a loan.

Many of these loans revert to a 1-year adjustable rate loan at the end of the initial term and can be adjusted once a year based on an index tied to the cost of money. You should know how much over the index your rate will be set and the limit or cap on how much your payments can increase. A "balloon" note requires the entire balance to be paid to the lender after the initial period of the loan ends. Most of these loans require the lender to guarantee to refinance the note at that point if payments have been timely. The lender should spell out how the re-finance rate will be determined and what costs will be involved. These loans can help you buy a more expensive house than you could afford with a 30-year fixed rate mortgage, but be sure that you understand the terms and the potential risks.

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Real Estate Trivia
Q 
What are the financial benefits of having a home near a body of water?

A 
The mere presence of water within 300 feet increases a home's value by 22 percent.
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Who De Lynn
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All Real Estate transactions require the help of local professionals. As a top local Realtor I know everyone in town!


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De Lynn Klosterhoff, REALTOR®, real estate agent and broker for Chesterfield, St. Louis, O'Fallon area Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

De Lynn Klosterhoff
RE/MAX Properties West

16100 Swingley Ridge Rd.
Chesterfield, MO. 63017
636-532-5900
800-949-0490
RE/MAX Office Fax: 636-532-2302
De Lynn's In-office Fax: 636-898-1327
Email: DeLynnK@DeLynnK.com

De Lynn Klosterhoff has over 25 years of real estate experience. She has been honored with the RE/MAX Hall of Fame Achievement Award, the RE/MAX Lifetime Achievement Award and was ranked #9 Individual in the RE/MAX St. Louis Region. Her designations are CRS (Certified Residential Specialist), a designation held by only 1% of all Realtors; ABR (Accredited Buyer's Representative); GRI (Graduate of the Real Estate Institute), having completed a minimum of 90 hours of course study and exams; and RECS (Real Estate Cyberspace), SRES (Seniors Real Estate Specialist). Because of her dedication to the real estate business and her clients, she is in the top 1% of all Realtors in the St. Louis area.

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