FHA Loans – Who Qualifies? When it comes to homeownership, one of the greatest hurdles can be financing. Federal Housing Administration (FHA) loans present a viable solution, especially for first-time homebuyers and those with less-than-perfect credit. FHA loans, backed by…
How to Finance Closing Costs When Buying or Refinancing Your Home Closing costs can run into thousands of dollars and are often needed upfront to finalize a home purchase or refinance deal. The down payment alone can empty your life savings, meaning…
Choosing the right mortgage broker or lender is a critical step in the home-buying process. Your financial well-being and the success of your homeownership journey depend on finding a trustworthy partner. In this blog post, we’ll delve into the key…
The exact time that it takes to get from the home search process to turning the key and walking into your new home can vary. Generally, it’s best to estimate 2-3 months for the home search process and 1-2 months…
Whether this is your first or tenth home purchase, shopping for a new home is an exciting time. It can also be a stressful and lengthy process. This guide can help you stay on track and in your new home…
Ready to purchase your first home? Use this easy-to-follow checklist to navigate the path to home ownership. Determine Your Budget: It’s best to determine how much house you can afford early in the process to avoid falling in love with…
If you have received your Closing Disclosure from your lender, you are almost done with your home buying journey. The Closing Disclosure, provided at least three full days before closing when you sign the final purchase documents, means that you…
Before you begin your new home search, talk to a lender about getting pre-approved for a mortgage. This important step can save you time in negotiations and keep your search on target and within budget. What exactly is a pre-approval…
Buying a home is a big purchase, one that takes time to save up to afford. Many homebuyers use a mortgage to finance the majority of the cost, but still need to save up a down payment. Here are five…
If you are getting ready to purchase your first home, there are a few expenses that you need to prepare for before getting to the final closing table. Some are even required before you start searching or complete the sale.…
