Once you find the perfect house and your offer is accepted, it is time to turn your attention to lining up the financing. If you’ve never applied for a mortgage loan before, or if it’s been many years since your last home purchase, the process
Aug 16, 2022 | Purchasing a Home First-time Homebuyers Mortgage Basics
One of the new terms you’ll hear as a first-time home buyer is “escrow.” If you’re unfamiliar with this word, here’s everything you need to know about escrow accounts and how they work. A Definition An escrow account, also known as an impounds account,
Aug 11, 2022 | Purchasing a Home First-time Homebuyers
Buying a home for the first time is an adventure; it is exciting, but it can also be challenging to understand all the terms and procedures. If you are getting started on your homebuying journey, here are some of the most frequently asked questions that c
Aug 09, 2022 | Purchasing a Home First-time Homebuyers
If you are getting ready to buy a home, you might want to consider using an FHA loan. What are these mortgages? Here are answers to some of the most frequently asked questions about FHA loans to help you decide if one is right for you. What is an FHA
Aug 02, 2022 | Purchasing a Home FHA Loans First-time Homebuyers
If you’ve been saving to buy a house, rising home prices and interest rates over the past year can make homeownership seem out of reach. Inflation that has reached 40-year highs does not help either. Before you give up on breaking into the housing m
Jul 28, 2022 | Purchasing a Home First-time Homebuyers
U.S. home prices are higher than ever, interest rates are rising, and inflation is at 40-year highs. These factors combined can make it very difficult for potential home buyers to save up money fast enough to keep up with the housing market. There are mor
Jun 30, 2022 | Purchasing a Home First-time Homebuyers