2 Major Myths That May Be Holding Back Buyers

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...

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...

Buying Your First House After 60

It doesn’t happen often that there are circumstances that make it impossible for people to buy a home before 50 or 60 years old. Perhaps they’ve been in the military and have relocated most of their life or they have preferred to rent, letting someone else take care...