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News

Beyond the MLS: Creative Ways to Find Your Dream Home This Spring

Spring is in the air, and with it comes the hope of finding the perfect home. But in today’s market, both realtors and buyers know that low inventory can make that dream feel distant. Scrolling through the MLS can feel like searching for a needle in a haystack. But what if you could find the…
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How to Remove Dispute Wording from Your Credit Report – And When You Should

When applying for a mortgage, unexpected credit report issues can derail your loan approval. One such issue is dispute wording on your credit report. While disputing inaccurate information is a consumer right, removing dispute wording improperly can cause more harm than good. How Does Dispute Wording Get on Your Credit Report? Dispute wording can be…
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Unlock Your Home’s Potential with a 95% LTV Renovation HELOC

In today’s housing market, finding the perfect home can be a challenge. Low inventory and rising prices have made moving less appealing for many homeowners. But what if you could transform your current home into your dream home—without giving up your low-rate first mortgage? That’s where our Renovation HELOC comes in. This exciting new product…
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Tax Time Tips for Homeowners

As tax season approaches, homeowners have a unique opportunity to take advantage of deductions and strategies to reduce their tax liability. If you’re ready to maximize your savings, here are some essential tips tailored to homeowners. 1. Common Tax Deductions for Homeowners Owning a home comes with significant tax advantages. Here are a few common…
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Understanding Why Your Credit Score Looks Different to Lenders

At Northeast Financial, we understand how confusing credit scores can be—especially when the score you see on apps, bank statements, or credit card accounts doesn’t match the one your lender pulls during a mortgage application. If you’ve experienced this discrepancy, rest assured it’s completely normal and happens for a good reason. Different Scoring Models for…
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Unlock Your Dream Home in Florida with HomeReady® First

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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Understanding FHA Appraisal Concerns

The Federal Housing Administration (FHA) loan program has empowered countless first-time homebuyers to achieve their dreams of homeownership. While the program offers more lenient requirements compared to Conventional loans, all properties financed through an FHA loan must meet specific Minimum Property Standards (MPS). Being aware of potential FHA appraisal concerns can help you anticipate challenges…
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Unlocking the Benefits of Rate Buydowns

In today’s real estate market, affordability is a top concern for many buyers. With rising home prices and fluctuating interest rates, monthly payments can feel daunting. However, rate buydowns offer a powerful solution that can help you secure more affordable financing and potentially purchase the home of your dreams. Here’s how both temporary and permanent…
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How Much Home Can I Afford?

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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Preparing Buyers for Spring: How to Navigate Low Inventory Markets

As the spring housing market approaches, buyers and real estate professionals alike are gearing up for one of the busiest times of the year. However, with housing inventory still tight in many areas, competition among buyers remains fierce. At Northeast Financial, we’re here to help you and your clients navigate these challenges and succeed in…
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