Understanding Pre-Qualification
If you’re getting ready to start your housing search, there are a few documents that can be helpful to have on hand. These can make the offer process much faster and smoother, especially if you plan to take out a…
How Much Do You Need as a Down Payment on a House?
In the market to purchase a home? You may be wondering how much you need to save for a down payment. Typically, 20% of the purchase price is needed for a down payment. But there are some mortgage options with…
Working with a Local Real Estate Broker
For those in the market for a new home or looking to sell their current home, there are a lot of real estate terms to learn. Whether you’ve gone through the process before or are doing it for the first…
Historical Mortgage Interest Rates
Mortgage interest rates are a key factor in the housing market, affecting both buyers and sellers. For many years, interest rates on mortgages have been an important indicator of the overall state of the economy. In this article, we will…
When Should I List My Home for Sale?
Thinking about selling your home? While each local area can vary (and a great real estate agent can help you learn about the specific trends in your community), there are a few times each year when home sales tend to…
How much to save for a down payment
It might seem like it will be costly to purchase a home, and you might think that you will have a considerable down payment. Oftentimes, because people think that they cannot afford their down payment, they’re forced to keep renting.…
Home Equity Loan vs Mortgage
Home Equity Loan vs Mortgage: What’s the Difference? When it comes to financing a home, there are a lot of options out there. One popular choice is between taking out a home equity loan or a mortgage. It’s…
Can I Afford a Mortgage?
If you’re getting ready to start house shopping, you’ve probably taken a good look at your budget and wondered how much house you can afford. Maybe you’re asking yourself if you can afford a mortgage at all! There are a…
Can I Use a USDA Loan to Buy a House?
Did you know that the United States Department of Agriculture, USDA, has a home loan program? The USDA Loan is an option that is backed by the USDA and offers buyers the chance to purchase property in certain areas without…
How Does a Mortgage Work Anyway?
If you plan to purchase a home, you have probably started to research the best mortgage options to make the most of your money. When looking at your home purchase, you have to consider both the actual cost of the…
