Lake St. Louis, Wentzville and O'Fallon real estate and homes for sale in Missouri - Carol Davis, REALTOR® Carol Davis REALTOR(r) for Lake St. Louis, Wentzville and O'Fallon, Missouri real estate - NUMBER1EXPERT™ Carol Davis NUMBER1EXPERT(tm) for Lake St. Louis, Wentzville and O'Fallon, Missouri real estate
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Carol Davis, REALTORŪ, real estate agent and broker for Lake St. Louis, Wentzville and O'Fallon Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why I can provide you with service above and beyond your expectations! Call me at 314-308-6628.


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"After buying and selling half a dozen homes in the past 30 years, Carol was the best overall agent we have ever worked with!"
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Mortgage Prequalification: Lake St. Louis, Wentzville and O'Fallon Missouri home buying, real estate listings, and homes for sale in St. Charles 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 Lake St. Louis, Wentzville and O'Fallon REALTORŪ 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
First Time Buyers >The Seller May Pay

The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.

One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.

Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.

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Real Estate Trivia
Q 
Where was the first hotel built in the US?

A 
The Union Hotel (1802) Saratoga Springs, NY, is the first hotel emphasizing lodging and services, in addition to food and drink.
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Carol Davis, REALTORŪ, real estate agent and broker for Lake St. Louis, Wentzville and O'Fallon Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

Carol Davis
Coldwell Banker Gundaker

3401 Technology Drive, Suite 101
Lake Saint Louis , MO. 63367
314-308-6628
636-561-1000
Fax: 636-561-8197
Email: carol@caroldavisteam.com

Carol is a Top producing, experienced agent with extensive community knowledge and a proven reputation for outstanding customer service. She is active in the community and currently President of the Lake St. Louis Chamber of Commerce.

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Coldwell Banker Gundaker real estate and homes for sale in Lake St. Louis, Wentzville and O'Fallon Missouri

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