Home Loan Learning Center
How Long Does It Take To Buy A House? Process Timeline
You typically need a few months for the whole first-time home-buying process. It often takes between 6 and 8 months of research in the local market on average to find a home, close a deal, and buy a home, from beginning to end. First-time home ...
When Are You Considered A First-time Home Buyer Again?
You are typically considered first-time homebuyers when you haven’t owned a home before. However, the definition of a first-time principal residence buyer is not as straightforward as it may seem. There are several exceptions for a home loan that can make it easier for people ...
I Make $40,000 A Year How Much House Can I Afford?
You will assess how large and expensive a house you can afford depending on how much you make. The price of a home you can realistically afford depends on your income, the down payment, and your other financial obligations. If you are already paying a ...
Do Lenders Look at Bank Statements Before Closing?
Underwriters want to check that you are a responsible borrower who’s financially able to repay the mortgage. They also need to make sure the money you use for your down payment comes from your income and other legal sources. Once they are satisfied that you ...
Are Condos Safe From Hurricanes?
What if your apartment rent was the same price as a mortgage payment? Give us a call to learn more about your personalized options. Call Us Now During hurricane season, the safety of high-rise condos becomes a top priority. There are many misconceptions about hurricane ...
Questions To Ask When Buying A Condo? Fees and Restrictions
Are you thinking of buying a condo as your new home? Condos mix convenience and community living, which sets them apart from traditional single-family homes. They can make life easy as they are found in bustling urban centers as well as quiet suburban neighborhoods. The ...
USDA Loans in Massachusetts
In today’s property market, it can be difficult to imagine owning a home in Massachusetts. And yet, with a USDA home loan, many people can enter the property ladder by purchasing a home. Did you know that 65% of Massachusetts is classified as rural? USDA ...
USDA Loans Georgia
Did you know that 120 out of Georgia’s 159 counties are rural? This gives plenty of opportunities for people looking to buy a new home in Georgia to apply for a USDA loan. Georgia USDA loans are backed by the US Department of Agriculture and ...
FHA Loans Missouri
Purchasing a home is many people’s most important lifetime investment. If you wish to call Missouri your home, payment assistance programs such as FHA loans could be the path to homeownership for first-time home buyers. When it comes to understanding first-time home buyer FHA loan ...