11 Aug 2021 Homeownership: 4 Myths That Mistakenly Hold You Ba... The housing market has been smoking hot in 2021, and many renters are looking into whether or not they can afford to make the leap to homeownership. But some renters are held back by the financial misinformation that’s floating around the internet. The truth is that many of the most commonly cited reasons for avoiding […] Share on Facebook Share on Twitter
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
