With increasingly low supply on the market, home prices around the country are rising at their fastest pace in 15 years. It then comes as no surprise that only 51 of 175 major U.S. cities have a higher median income than the amount needed to own a home. Affording today’s high prices is an ongoing challenge for buyers, …
Home prices are rising at record speed—here’s how to keep costs down Read More »
For many people, buying a new home or refinancing is the most complex financial transaction they’ll ever make. With the amount of information and documentation required to complete a loan application, chances are some things will be missed or forgotten the first time around. Omitting important information or partially filling out a form are common …
How to get your mortgage application right the first time Read More »
If you’re an active service member, veteran or surviving spouse, VA loans can offer many home financing advantages that can help you get a foothold in the housing market. Zero requirements for down payments and comparatively lower credit thresholds make these mortgages a popular option for those who qualify. However, not everyone who served is …
Once you’ve decided you’re ready to proceed with your purchase and have met with your Loan Officer to review the process, YOU’RE READY TO GET STARTED! Here is an overview of some tips to consider: Get pre-approved There’s a big difference between a buyer being pre-qualified and a buyer who has a pre-approved mortgage. Getting …
Homeownership is a dream for almost everyone, yet can sometimes feel impossibly far away. But for qualifying veterans and their families, VA loans can help jumpstart your path to home ownership by offering exclusive (and often overlooked) benefits. Because they are backed by the US government, VA loans carry unique advantages that separate them from conventional …
Homebuying as a Veteran & some myths about VA loans Read More »