If you are a first time homebuyer, you may have heard of the Federal Housing Administration (FHA). But what exactly is it and how can it help you purchase your first home? The Federal Housing Administration insures mortgages so that lenders can offer more favorable terms to borrowers with less money to put down. In […]
Buying a home can be a thrilling experience. But it also comes with lots of questions. One common question from potential homeowners is, “how long it takes to close on a house?” And when they can expect an exact closing date. Let’s break down what you need to know about the closing process. The Closing […]
Buying a home is an exciting process, but it’s important to remember that there are costs associated with homeownership beyond the principal and interest amounts. Closing costs are one of those costs, and they cover a range of fees related to transferring the title from the previous owner’s name to yours. Let’s break down what […]
Ready to take the plunge into homeownership? Before you start your house hunt, it’s important to know how much of your income you can allocate to your monthly mortgage budget. Here, we’ll discuss how to determine your mortgage budget, allocate your income, and what expenses to include. Determining Your Mortgage Budget The most important […]
As a real estate agent, you know that finding the right lender is key to closing a successful deal. But what if you don’t have a preferred lender? Here are three signs that you need one: 1) You are feeling uncertain about your current Loan Officer 2) You and your clients are looking for better […]