Home Buyers Guide: The Down Payment

Understanding and preparing for the down payment is an important step toward buying a home. What is a down payment? A down payment is not unique to the mortgage loan process. If you’ve ever bought a new car, for example, you’ve probably made a down payment. The down payment on your home is the amountContinue reading “Home Buyers Guide: The Down Payment”

Home Buyers Guide: Credit Worthiness

When you get prequalified for a mortgage loan or fill out a mortgage application, lenders will ask for permission to pull your credit reports — and they’ll take a look at your credit score. Even if they may take the middle highest score it’s still a great idea to make sure all three reflect theContinue reading “Home Buyers Guide: Credit Worthiness”

Home Buyers Guide: How much can you afford?

For this segment we are going to focus on 2 simple rules of thumb, but more importantly the better-spending recommendations. We really want to hone in on the numbers here. It’s easy to assume you can afford the same type of home your friends have. But that may or may not be true. You andContinue reading “Home Buyers Guide: How much can you afford?”

Home Buyers Guide: Where should you start?

We get it. Once you’ve set your heart on buying a home, you want to hurry up and get it done. You want to go house hunting — it’s exciting! But there’s some prep work you should do first. For the smoothest home buying experience: DON’T Go House Hunting First- Rushing out to look atContinue reading “Home Buyers Guide: Where should you start?”