Category: First Time Home Buyer

Are you a first-time homebuyer in the Miami-Fort Lauderdale-West Palm Beach, Tampa-St. Petersburg-Clearwater, or Orlando-Kissimmee-Sanford areas? Northeast Financial is excited to introduce HomeReady® First, a program designed to make homeownership more accessible and affordable for residents in these vibrant Florida markets. What is HomeReady® First? HomeReady® First is a Fannie Mae initiative aimed at lowering…
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For first-time homebuyers, one of the most pressing questions is: How much home can I afford? Determining your budget involves evaluating key factors such as your income, debt, and down payment savings. Understanding these components can help you confidently navigate the home-buying process and find a property that fits both your needs and financial goals.…
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As the new year approaches, many people set goals for homeownership. A mortgage pre-approval is the first crucial step toward making that dream a reality. It shows sellers you’re a serious buyer and gives you a clear budget for your house hunt. Preparing ahead can make the process faster and easier, so here’s a step-by-step…
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Entering the homebuying process is exciting, but it can also be confusing, especially with so many misconceptions about mortgages. Understanding the realities behind common myths can help you make informed decisions and approach your mortgage journey with confidence. Here are some of the most persistent mortgage myths to leave behind in 2024. Myth 1: “You…
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As a new year begins, many people set fresh goals—one of the most exciting being the dream of homeownership. If buying a home is on your list for 2024, getting pre-approved for a mortgage early in the year is a powerful first step. Whether you’re a first-time buyer or looking to move up, an early…
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When it comes to buying a home, spring and summer are usually the most popular seasons, but there’s a lot to be said for buying in winter. Fewer buyers are out searching in the colder months, which creates unique opportunities for those looking to secure their dream home. If you’re considering a move, here’s why…
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As we enter the final months of 2024, the housing market is showing favorable conditions for potential buyers, according to the latest data from Realtor.com’s September 2024 report. Here are a few reasons why it might be the perfect time to get back into the market. 1. More Listings Available The number of active home…
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