Raleigh is the capital of North Carolina and is in the middle of the state's northern part. It is a growing city that has changed a lot over the past few decades. Raleigh used to be a small, sleepy southern city in a state that was mostly farms. But those days are over. Today, more than 320,000 people live in Raleigh. It is part of a growing metro area that 1.3 million people call "home." Duke, UNC, and NC State are all well-known universities in the area, and the Research Triangle Park is known all over the world for its many technological advances. Every month, thousands of families move to the Raleigh area, and for good reason. You can do the same, and a Raleigh mortgage can give you what you need to make the move.
Buying a house in Raleigh is a lot like buying a house in any other well-known American city: you make a down payment, contact many lenders for competing bids, and choose a lender based on the information given. Your Raleigh mortgage is all set up, and you're ready to move, right? But it's not always that easy! Let's look at a few websites that can give you important and useful information as you look for a mortgage:
- Bankrate.com has mortgage rates from all over the United States. If you narrow your search to Raleigh, you will see local mortgage rates in the search results. The rate given should give you a good idea of what to ask lenders about.
Interest.com is similar to Bankrate in that you enter your Raleigh mortgage information and get the rate.
Some other useful sites are:
ChaseHomeMortgage.com is a website for mortgages.
- The website LendingTree.com
- Amerisave.com
Even though the list isn't full, it's a good place to start. You can also look in the phone book to find a list of Raleigh mortgage companies. Smaller, local businesses are sometimes more willing to help out, especially if you are self-employed, have bad credit, have seen a drop in your income, or have gone through some other important changes.
Your Raleigh home is waiting for you, so talk to a Raleigh mortgage broker right away to find out what your mortgage options are.
