2 Major Myths That May Be Holding Back Buyers
The Urban Institute recently published a report discussing the obstacles to accessing homeownership. 80% of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment of over 5%. My job is to educate...
5 Financial Perks of Being a First-Time Homebuyer
If you’re going with the idea of buying your first house, you’re probably doing some research on the financial side of it. Most of us don’t have the cash to purchase our first home so we are looking at financing. This is probably one of the biggest...Who Pays Closing Costs on a Home?
Who pays for closing costs when you purchase a home or when you sell a home all depends on what type of loan the buyer is getting. First-time buyers are often shocked when they realize how much closing costs can actually be. Closing costs are the various fees,...Are You Ready to Buy a House Together?
Together… that may be a new word for you and now your SO (Significant Other)… but if you’ve decided that “together” is what you’re going to be you might also be wondering if buying a house together is a good idea or not. Together...What is Debt to Income Ratio?
In the mortgage industry there are a lot of big words and terminologies being thrown around and while those that are familiar with the industry understand completely, most of the general public is left scratching their heads. So what is this term “debt to income...
Welcome to my Blog!
Here you’ll find tips, updates on mortgage laws and changes that can affect your loan or approval. Check back often for more great ideas.