What Are The Benefits And Drawbacks Of Putting 20 Percent Down On A Home Purchase?

Should You Put 20 Percent Down On Your Home Purchase?Several generations ago, lenders required home buyers to have a 20 percent down payment in order to get a mortgage. While there were a few options out there for people who couldn’t save this substantial amount, the reality was that for the majority of people, the 20 percent down was a requirement. Continue reading


Can I Have A Co-Signer For My Mortgage Loan?

Can I Have A Co-Signer For My Mortgage LoanLike credit cards or car loans, some mortgages allow borrowers to have co-signers on the loan with them, enhancing their application. However, a co-signer on a mortgage loan doesn’t have the same impact that it might on another loan. Furthermore, it poses serious drawbacks for the co-signer. Continue reading

Should You Get Pre-Qualified Or Pre-Approved For Your New Home Purchase?

How Pre-Qualifying Helps You Find The Right New HomeOften times, home buyers can be disappointed when they find their dream home only to discover they are not able to get a mortgage to purchase the property. There are methods that potential buyers can use to ensure this does not happen to them. Continue reading

How To Successfully Use Your Down Payment to Achieve Your Home Buying Goals

How To Successfully Use Your Down Payment to Achieve Your Home Buying GoalsWhen you are considering purchasing a home, understanding the lending guidelines regarding a down payment is important.

Here are a few key tips to consider: Continue reading

3 Tips To Consider When Buying A Home With An FHA Mortgage

Tips to Sidestep Common FHA Loan Problems

FHA loans are becoming increasingly popular these days as potential homeowners may not able to qualify as easily for conventional mortgages. Continue reading

3 Great Homebuying Tools Millenials Have Available to Them Right Now

Millennials Have Great Home Buying Tools AvailableThe economy seems to be heating up rapidly, but home loan interest rates are still at historically low levels. Real estate values have climbed a bit across the country, but low interest rates and affordable prices makes for an excellent opportunity for new homeowners to get into their first home before it rates and prices rise higher. Continue reading

Questions and Answers Regarding Escrow Accounts

What is an escrow accountWhether you are purchasing a new home or you are considering applying to refinance your home, chances are the lender will require an escrow account. These accounts are often a source of confusion for homeowners. In reality, these accounts benefit the homeowner and help protect the lender. Continue reading