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Category: Purchasing a Home

5 Things Every First-Time Buyer Needs to Know

Buying a home for the first time is a big deal. Whether your first purchase is your last or if it is a stepping stone to a larger one in
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Should You Make a 20% Down Payment?

If you’re getting ready to buy a house, you may be unsure how much money to contribute as a down payment. For many years, 20% of the purchase price was
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How To View a Home Purchase: Home-Sweet-Home or Investment?

Buying a house is one of the biggest financial purchases you are likely to make in your life. So should you look at it through the lens of finding the
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Tax Refund Season Means Help for Homeownership

As tax season approaches, you may anticipate receiving a big tax refund in your bank account soon. Before deciding how to spend it, consider how it could support your homeownership
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Buying a Vacation Home or Investing in a Timeshare?

Having a place to escape to when they take time off is a dream for many people. There are plenty of options out there for finding a consistent vacation spot.
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Need Help with a Down Payment? A HomeReady Mortgage Might Be Right for You

If you are itching to get into homeownership but don’t have much of a down payment saved or much of a credit history, you might think you’ll just have to
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6 Ways to Know You Are Ready to Be a Home Buyer

Buying a home is one of the biggest and most important financial decisions most people will make in their lifetimes. It is no wonder then that people want to be
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Don’t Make These 7 Home Buyer Mistakes

With high home prices and rising mortgage rates, buying a home today requires smart planning and careful decisions. A few common missteps—like skipping mortgage pre-approval or overextending your budget—can lead
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How to Buy a Home in Today’s High-Priced Market Without a Six-Figure Income

According to a recent report from Redfin, as of October 2022, homebuyers need to earn at least $107,281 to afford a “typical home” with a median monthly mortgage payment of
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The Ultimate Mortgage Pre-Approval Document Checklist

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
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