Best Ways For Homebuyers to Improve Their Credit Scores
Homebuyers often get excited about locating the best house in ideal neighborhoods. Often, these potential buyers should be more aware of their finances and shift their focus to getting their finances in order so that they can qualify for the mortgage they need....
FHA vs. Conventional Loans
For many first-time home buyers, the down payment to buy a home is one of the biggest hurdles to overcome. Often, saving 20 percent is not possible, sending buyers looking for different loan options other than the conventional 80/20 loan. Thankfully, the mortgage...
2020 Trends in Mortgage and Real Estate
Trends in mortgage and real estate - experts are looking towards 2020 to see what is expected in the coming year. This past year brought low rates, high demand, and a small supply of available homes, with low priced homes being particularly hard to find. As we look...
Why Choosing a Local Mortgage Professional Is Your Best Choice
For today’s home buyer, the options for mortgages are plenteous. You can find mortgage brokers online, instant online mortgage options, work with your favorite bank, or work through a local mortgage professional. How can you determine which is the right option? Here’s...
USDA Loans. Who Qualifies?
The USDA home loan program helps people purchase loans in non-urban areas with no down payment required. For those who qualify, this program is an affordable way to purchase a home. Because the loan has backing from the government, lenders face less risk, and thus the...
A Guide to Refinancing Your Home
Refinancing large loans like your mortgage can be one of the best financial decisions you can make. If you can properly refinance and get approved, a new mortgage can save you interest, lower your monthly payments, extend or shorten your loan term, help to avoid...
The Math: How to Determine How Much Home You Can Afford
As you enter the home buying marketplace, the first question you should ask is how much home can you afford? The answer is not always as straightforward as you might expect. In fact, it’s all too common for buyers to find they qualify for a much larger mortgage than...
Interest Rates Are Low – Now is a Great Time to Buy a New Home In Maryland
Low-interest rates and your new home. When you purchase a new home, your mortgage is one of the crucial factors to consider in the overall decision-making process. Since a mortgage is a financial agreement that lasts between 15 and 30 years, the lower your rate is,...
When is the Ideal Time to Buy a House?
Thinking about buying a new home? Whether you're a first-time or fifth-time homebuyer, the same questions remain in the beginning steps of the process with one of the very first ones being, "when is the right time to buy?" Many different factors contribute to this...