While you may have already found the perfect condo for you and your family, you still want to explorer the possibilities of this purchase before you sign on the dotted line. Many people planning to purchase a new home forget to do their homework and either end up with less home … [Read more...] about Is a Condo the Choice for You?
Are You Eligible for a VA Mortgage?
If you or your spouse is a veteran, getting a VA mortgage is a great option to know more about, and it guarantees the lender 25% of the home loan (up to $104,250 of a maximum loan of $417,000) if you default. This guarantee makes it easier for you to find attractive financing … [Read more...] about Are You Eligible for a VA Mortgage?
Experience Homeownership with an FHA Loan
Purchasing a home loan is not always an easy feat, and people with lower incomes, including first-time homebuyers, often have a hard time getting approved for a home loan. So what are the options? For individuals who need a little extra help, an FHA loan might be the answer you … [Read more...] about Experience Homeownership with an FHA Loan
What Should a Good Loan Officer Do For You?
So, you want to purchase a home and need to decide on a loan officer to help you through the loan process, but you're not quite sure what to expect. Well, overall a good loan officer should act as your liaison during the entire loan search, application, and approval … [Read more...] about What Should a Good Loan Officer Do For You?
Catching and Understanding Closing Costs
So you have selected a house, and now you are getting down to the nitty-gritty on what it will really cost you to get into it. Your lender is required by law to give you a "Good Faith Estimate" of your closing cost expenses along with a booklet from RESPA, outlining "closing" or … [Read more...] about Catching and Understanding Closing Costs
Interested in a Fixed Rate Mortgage
Does the idea of a mortgage with a fixed interest rate sound appealing? After watching interest rates go up and down unexpectedly, lots of home buyers think searching and locking into the best fixed rate mortgage is the way to go. But just as important is a thorough … [Read more...] about Interested in a Fixed Rate Mortgage
