The new year ushers in new hopes and new goals that could include buying a home. It’s a dream worth pursuing amid rising homeowners’ wealth.A quick search on Google yields answers to your questions about buying a home. Your friends or family members likely have their own stories to tell. All Read more
Searching for Down Payment Money Outside Your Own Pocket
We know how exciting it is to get the first set of keys to your very own house. But before you get there, you must get past one struggle that is common to most people who want to become homeowners — the down payment.The mortgage down payment is an essential element in homeownership. It affects Read more
Closing Cost Assistance for Home Buyers
Buying a new home means more than qualifying for the mortgage. Many people forget about the closing costs that accompany this type of loan. Because closing costs can total as much as 5% of the loan amount, they often make home ownership impossible. Luckily, there are closing cost assistance programs Read more
How to Ace Your Home Purchase or Refinance Application
How to Ace Your Home Purchase or Refinance ApplicationIn matters of homeownership, it should cost you less to know more about how mortgages - purchase or refinance - work. This makes for a better transition from homebuying to homeownership. Don’t focus on the rates just yet, but on certain areas Read more
How to Use Gift Funds for Your Mortgage
Many loan programs allow you to use gift funds for the down payment. However, this does not mean you can just claim you received a gift and purchase the home. Instead, you have to follow some very specific steps in order to have the funds count. Figure Out How Much You Can Use The first step is to Read more
