Since buying a home is one of the biggest financial investments most people ever make, if you're are not careful, you can get in over your head. This can result in a status of being “house poor,” or spending way more on housing costs than you can afford.
Dec 20, 2022 | Refinancing a Home
According to a recent report from Redfin, as of October 2022, in order to afford a “typical home” with the median monthly mortgage payment of $2,682, a buyer would need to earn at least $107,281 to be able to afford the loan. While prices may have slowed
Dec 13, 2022 | Purchasing a Home
If you’re ready to buy a home, before you even start going to see properties, it is a good idea to obtain a preapproval letter from your mortgage lender. Especially in a competitive housing market, sellers will take you more seriously if they see you alre
Dec 06, 2022 | Purchasing a Home
With home prices skyrocketing over the past few years, more first-time buyers are enlisting the help of more seasoned homeowners - namely their parents or grandparents - to be co-borrowers with them. In fact, since 2020, the percentage of young adult buye
Nov 29, 2022 | Purchasing a Home
Throughout the home buying process, you’ll interact with several different housing professionals. You’ll encounter a title agent near the end of the process during closing, but what exactly is a title agent, title insurance, and why do y
Nov 28, 2022 |
Emergency funds are something that many people strive for, but often cannot maintain due to tight budgets or the frequent use of saved funds. According to Dave Ramsey, many families have less than $1,000 saved overall and no money in an
Nov 28, 2022 |
Reach out to our team of local mortgage specialists and take the initial step towards homeownership. Our team is ready to assist you throughout the process, offering you the necessary information and guidance to help you make informed decisions for your unique needs. Don't delay any longer - contact us today to begin.