Some Highlights:
*Many buyers are purchasing homes with down payments as little as 3%.
*You may already qualify for a loan, even if you don’t have perfect credit.
*Your local professional, like myself, are here to help you determine how much you
62% of Buyers Are Wrong About Down Payment Needs
According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market:
“More than 6 in 10 (62%) Americans believe you must put at least 20% down
A Latte a Day Keeps Homeownership Away
Some Highlights:
*The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast!
*Saving for a down payment takes a little discipline,
Buying a Home: Do You Know the Lingo?
Some Highlights:
*Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.
*To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying a home.
*The
10 Steps to Buying a Home This Summer
Some Highlights:
*If you are thinking of buying a home, you may not know where to start.
*Here is a simple list of 10 steps that you will go through to purchase a home.
*Make sure to ask me, as your agent, for details about each step and what else
What You Need to Know About Private Mortgage Insurance (PMI)
Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you
2 Myths Holding Back Home Buyers
Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that,
“For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership.
How Quickly Can You Save Your Down Payment?
Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment
One More Time… You Do Not Need 20% Down to Buy a Home
The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings each month after paying expenses.
In
FHA Loans
If you’ve started shopping for a home, you’ve also begun shopping for a home loan, at least I hope you have. With 6 options to choose from, it makes sense to do your research to not only find the loan you qualify for but also the loan