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News

Great House, Great Neighborhood, But the kitchen!

Location, location, location. The key to any real estate transaction is location, and when buying a home, you always put that first. You found a great house, in a great neighborhood but the kitchen is small and outdated, the appliances are old, and the lights are awful. If only that kitchen were new, the home…
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Am I Ready to Be a First Time Home Buyer and What are the Steps to Buying a Home?

Do you have a stable job with stable income? Do you have good control of your monthly debt payments and a decent credit score? If you answered yes, then you are probably ready. The first step to find out if you are ready to purchase a home is talking to a mortgage professional. A local…
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What Are the Benefits of Buying a Home Instead of Renting?

What Are the Benefits of Buying a Home Instead of Renting? You never have to worry that your landlord will raise your rent With a fixed rate mortgage your monthly principal and interest mortgage payment will remain the same for the life of your loan. You are never left wondering if your landlord will increase…
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Why is it important your Pre Approval Letter has been “Verified”?

One of the most important components of a prospective homebuyer’s offer is the Pre Approval Letter.  As our culture has evolved to a have-it-now mentality some online lenders have begun to take shortcuts.  These online lenders and banks have started to issue pre-approval letters simply to win over a borrower’s business without really doing a…
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Non-Occupant Co Borrowers

Have a primary residence or non-primary home that you would like to finance for a family member? We offer solutions that work for you. What are the advantages to having a Non-Occupant Co-Borrowers on a Mortgage? Occupying Borrower is not required to have a minimum contribution to the monthly income Occupying and non-occupying Borrowers’ incomes…
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What goes into determining interest rates?

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…
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HOME BUYER’S CHECKLIST

HOME BUYER’S CHECKLIST for   1ST TIME HOME BUYERS √ Get Pre-Qualified with a Broker! Your first move when entertaining the idea of purchasing a home is to find a broker like myself. When you reach out I can answer any questions you may have and we can begin working together to get your base line…
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Breaking Down Your Credit Score

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…
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What’s included in a monthly mortgage payment?

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 ⇓ ⇓ ⇓ ⇓…
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5 Ways to Speed Up Your Home Buying Timeline

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…
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