Category: First Time Home Buyer

The most common question asked when talking about mortgages is…  “What are today’s rates?” Ever ask yourself what determines these rates? Here is a quick list of what goes into determining the interest rate on your mortgage: Loan Amount – Loans over conventional limits are called Jumbo Loans and may have different pricing. This pricing…
Read more

Where do you stand?   What can you do to Improve your Score? Pay all bills on-time Don’t apply for too many credit lines Don’t max out credit cards – Keep a balance at or below 30% of available for all revolving credit Hold on to your older credit lines – Even if not using…
Read more

As you figure out your home budget, it’s key to consider all the factors that will make up your mortgage payment. Here we share four important elements, known as PITI, which affect the amount you will pay each month: P Principal Amount borrowed to buy your home ⇑ Payment goes toward ⇓ ⇓ ⇓ ⇓…
Read more

1. Good brokers leverage technology for their clients’ benefit New technology may be impacting the mortgage broking industry in a big way, but we are using it to our advantage and yours. We can enhance your experience in the homebuying process with tech that simplifies processes and procedures, such as: Automated communication channels – bots, voicemail,…
Read more

Even though saving for your first home may sometimes feel overwhelming, many others have successfully navigated the homeownership journey with the right strategy in place. Here are five straightforward tips to help get you on the fast track to enjoying your first home: 1.  Don’t Fixate on One Neighborhood You may love where you live…
Read more