21 Jul 2021 HOW TO QUALIFY FOR A CONVENTIONAL 97 LOAN Whether you earn a lower income or are a first-time homebuyer without equity from a previous home, it can be challenging to come up with enough cash for a significant down payment. The good news is that there are programs that limit your down-payment requirement to just 3% without requiring you to get a government-backed […] Share on Facebook Share on Twitter
12 Jul 2021 Now It’s Easier for Real Estate Purchasers w... The Federal Housing Administration (FHA) is changing the way it calculates monthly student loan payments to make it easier for first-time homebuyers, especially those in communities of color, to purchase a home with a federally backed FHA mortgage. When you apply for a mortgage, your lender uses many calculations to determine how much you can […] Share on Facebook Share on Twitter
7 Jul 2021 PRE-APPROVAL: in this hot housing market every buy... In today’s hyper-competitive real estate market, any roadblock that might slow things down is a deal killer. That’s why it’s critically important for buyers to get pre-approved for a loan before they start shopping. “Getting pre-approval from a mortgage lender means they’re doing a lot of the work on the front end, like verifying your […] Share on Facebook Share on Twitter
6 Jul 2021 What’s the Timeline Between Prequalifying* and G... Whether it’s your first or fifth time, purchasing a home is an exciting experience. But, it can also be a stressful one. There are many tasks to complete and milestones to meet between prequalifying for a mortgage and receiving your funds. Understanding the requirements can help make the process seem a little less daunting. Here’s […] Share on Facebook Share on Twitter
6 Jul 2021 How to Align Selling Your Home and Buying a New On... POSSIBLE SCENARIOS IN SELLING YOUR HOME AND BUYING A NEW ONE For many who are contemplating selling their house also think about aligning their sale with the purchase of their own new home. Not working towards this solution can be costly. Renting or paying a double mortgage for the five-month period before you move into […] Share on Facebook Share on Twitter
