Why You Should Get Preapproved Before House Hunting Before starting your home search, talk to a lender about getting preapproved for a mortgage. This step can save you time during negotiations and help you stay within budget. Preapproval vs. Prequalification…
5 Smart Ways to Save for a Home Buying a home is a big purchase, and it takes time to save for it. Many homebuyers use a mortgage to cover most of the cost, but you’ll still need a down…
Choosing the Right Location for Your New Home Buying a home is often said to be all about location, location, location. But what if you don’t know which location suits you best? Consider these factors before deciding where to put…
Revised Version (Yoast-Friendly) If you’re getting ready to buy your first home, you’ll need to plan for several expenses long before closing day. Some costs even show up before you start your home search. Here are five major expenses that…
Understanding Home Purchase Contingencies When buying a home, you can include contingencies in your purchase contract to protect yourself during the process. A contingency is a condition that must be met for the contract to stay valid. If it is…
The biggest question those considering homeownership need to answer is simple: Should I buy or rent my home? Here is a look at the pros and cons of each. Buying Pros: Your monthly payment builds equity, or ownership, of the…
Revised, Yoast-Friendly Version Homeownership isn’t only for the wealthy. Your income matters when you buy a house, but figuring out how much you need to earn is not always clear. Most buyers use a mortgage to cover most of the…
Using a Cosigner for a Mortgage: What You Need to Know If your credit, debt, or income makes it hard to qualify for a mortgage, you might think about asking someone with stronger finances to help. A non-occupant co-signer can…
Understanding Different Types of Home Loans Finding a great deal on your home requires knowing the types of home loans available. Here are some common mortgage products and who they are best for. Conventional Loan This is the most popular…
Do you dream of homeownership but can’t come up with the required down payment? Don’t worry. You may be eligible for a no money down mortgage. Some come with stipulations and others have eligibility requirements. Read on to learn more…
