Alan Smith Realtors | 6 Costly Mortgage Mistakes to Avoid #3 of 6

Watch this video to learn how to avoid the 6 costly mortgage mistakes.  This is video #3 of our 6 part series.

Hi, I’m Alan Smith, the owner and broker of Alan Smith Realtors, providing you a “hassle free” real estate experience through written guarantees.

As an active Realtor® and broker for over 20 years I have guided hundreds of buyers in the buying process and I have discovered 6 of the biggest mistakes I believe homebuyers make when getting a mortgage! With the mounting changes in Mortgage regulations over the past few years it’s imperative you know how to structure your mortgage properly and avoid costly mistakes.

So whether you are a 1st time buyer, downsizing or simply looking for a change, it is critical that you learn how to avoid these mistakes. My VIP Buyer Program will help you avoid these mistakes and more.

Today I am going to be talking about costly mistake #3, not knowing your long term goals.

You should be thinking about your long term goals, and expected situations, to determine the type of mortgage that will best suit you and your family’s future needs!

There are a number of questions you should be asking yourself before you commit to a certain type of mortgage.  For example, how long do you plan on owning this home?  Are interest rates moving up or down and how quickly?  Is your income expected to go up or down in the near future?   Discuss these questions with our certified mortgage professional so they may help guide you to determine the most appropriate mortgage that fits your needs.

We hope that you find this video helpful.  To become a VIP Buyer and avoid these 6 big mortgage mistakes call me at 214.347.9023 or  simply go to

Be sure and watch for video #4 of our 6 part series on costly mortgage mistakes to avoid.  Follow our blog for market updates and statistics plus other important real estate topics or at YouTube or Facebook.

Did you miss the previous blogs on Mortgage Mistakes to Avoid?  If so here are the links:

Mistake #2 of 6 Click Here or Mistake #1 of 6 Click Here.