Category: First Time Homebuyer
-
How to buy a house with bad credit
If you have a low credit score, you might think that you won’t be able to buy a house, but that isn’t true. While your options may be a little more limited, you can still buy a house with bad credit. There are two organizations that rank credit scores: FICO and VantageScore. Both rate on a scale of 300-850, but both take different aspects into consideration when scoring. When you are looking at your credit score, the greater the number, the better your score. Read more
-
What are closing costs? How much do they cost?
Whether you are a first-time homebuyer looking to purchase a property or a seasoned homeowner looking to sell one, you should expect to pay closing costs. Closing costs will be a percentage of the value a home sells for. While closing costs do affect a home’s affordability, they are important in making sure that the homebuying process goes smoothly for everyone and is handled professionally. Ready to begin the home loan Read more
-
What is escrow? How does it work?
Categories: First Time HomebuyerIf you are looking to buy a home or are learning more before entering the housing market, there is a good chance that you have heard the term escrow. Escrow accounts are a neutral third party that holds onto important documents and funds during a transaction to ensure visibility and trustworthiness during a contract or deal. When everything is finalized and terms of an agreement are met, what is held in the escrow account Read more
-
What does it mean to make a down payment on a house?
Categories: First Time HomebuyerWhat’s a down payment? It’s how much of a home’s purchase price you pay initially. Learn more about how down payments work & get pre-approved today! Read more
-
How to make an offer on a house
Categories: First Time HomebuyerYou’ve found a home that you could see yourself in. Discover the steps you and your real estate agent will need to take to make an offer on a house! Read more
-
How much money do I need to buy a house?
Categories: First Time HomebuyerAre you a first-time homebuyer wondering how much money you’ll need to buy a home? Find the answers you need & get started with a mortgage pre-approval! Read more
-
Is it a good time to buy a house or should I wait?
Categories: First Time HomebuyerWhen is the best time to buy a house? Deciding when to dive into the housing market can be overwhelming. Is it determined by the market conditions, your personal finances, or just a gut feeling? The truth is, buying a home is a major decision that involves a multitude of factors that need to be considered. To help you Read more
-
Which factors matter most when buying a house?
Categories: First Time HomebuyerWhich factors matter when it’s time to buy a house? Read through our list & start the process today with a mortgage pre-approval! Read more
-
Renting vs Buying a Home: Comparison & Benefits
Categories: First Time HomebuyerHave you thought about owning your own home? Find out what the benefits are & apply for a mortgage pre-approval to start your journey today! Read more
-
What are the benefits of buying & owning a home?
Categories: First Time HomebuyerYou know you need your own place, but does it make sense to buy a home in the current market? Let’s review the benefits and advantages of owning a home, and see if it’s a good fit for your situation. Do you already know that home ownership is the right move for you? Start the Read more