Embark on the exciting journey of home buying with confidence. Our articles cover everything from the basics of house hunting to the intricacies of mortgages, ensuring you’re well-prepared every step of the way.
Fannie Mae mortgage loans are appealing for home buyers purchasing a house with a conventional loan because of the reasonable down payment requirements, competitive mortgage rates and stellar reputation. Below is more information about Fannie Mae guidelines that explain what the minimum down-payment rules will be for most borrowers qualifying for a Fannie Mae home… Read More »
Home prices are continuing to rise in 2023, and inventory in many areas is shrinking. If you are a first-time house buyer in a tight market, you may have many people bidding on the same house you are. Making a strong offer when buying a home is essential in today’s competitive real estate market. How… Read More »
Home buyers are always told they should do plenty of shopping for a home loan. In fact, the federal loan estimate closing document that was introduced last year that supplanted the Good Faith Estimate document of years past was created to encourage home buyers to shop for loans before the signed the dotted line and… Read More »
Active military and military veterans often have a great mortgage loan option – the VA house loan. This government-backed program offers significant financing incentives for military families in the United States. VA home loan programs are backed by the Department of Veterans Affairs and are an excellent option for millions of Americans who are or who… Read More »
Finding your dream home can take time to find where to begin! Many home buyers find houses that meet some of their needs but not all. That means you could buy a home that makes you happy. The average American home costs about $400,000, that’s a lot of money to spend on something you don’t… Read More »
Interest only loans are unique options that make sense to a specific type of borrower. If you are in the market for a new mortgage, one of your options is an interest only mortgage. This is a type of loan where the borrower only pays the interest on the loan for the first 5-10 years… Read More »
Millennial home buyers have a history of choosing the three and five year ARM programs. This generation of home buyers is practical and they have the foresight to realize they will most likely not keep this home or mortgage for the next 30-years so should they pay more for the security they do not need.… Read More »
Recent news reports suggest that more first-time home buyers are flipping houses and buying investment properties. This can be a smart move as it is a way to make a good return on a real estate investment in the best circumstances. As the real estate market has gotten hotter and demand for affordable homes has… Read More »
