There is a new trend catching on among younger urban residents: renting in the city and buying a vacation home as their first house purchase. This unconventional approach to first-time homebuying is one way for these buyers to achieve homeownership and al
Feb 12, 2020 | Purchasing a Home First-time Homebuyers
When you take out a mortgage loan, your lender puts a lot of trust in you to repay the loan. Lenders can do this because they do thorough financial background checks on borrowers before agreeing to lend money. Your interest rate will be based on how credi
Jan 01, 2020 | Purchasing a Home Refinancing a Home Preapproval Credit
You think you understand how much your mortgage payment is going to be and then your first bill comes. There seems to be more included in your payment than you expected. What are all the fees in your monthly mortgage bill? Mortgage Principal Your mortga
Dec 18, 2019 | Purchasing a Home
Forgoing an Agent Some homebuyers think they can navigate the buying waters alone, but as complex as the real estate market is today, that strategy is risky. One of your first steps should be to find a trusted real estate professional who will represen
Nov 06, 2019 | Purchasing a Home
If you are a veteran or a servicemember, you are probably well aware of VA mortgage loans. These loans offer excellent benefits, including no down payment or credit score requirements as well as allowing borrowers to forgo mortgage insurance premiums.&nbs
Oct 24, 2019 | Purchasing a Home VA Loans Government Loans
In the homebuying process, if you find yourself in the enviable position of having more cash than needed for a minimum down payment, it may be difficult to know just how much you should put down. A larger down payment can bring plenty of benefits, but is
Sep 25, 2019 | Purchasing a Home Preapproval Mortgage Advice
