The Importance of Mortgage Preapproval
The Mortgage Process Explained in 7 Steps
What’s a debt-to-income ratio, and why you need a low one to buy a home
This article is too good not to be shared so it’s copied from The Washington Post. When it comes to qualifying for a loan to buy a home or to refinance your […]
Buying a Home Doesn’t Have to be Scary.
Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! […]
Don’t Get Caught in the Rental Trap
One of the top benefits in home ownership is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. Avoid Getting Trapped […]
Your Landlord Loves You.
Fact: if you’re renting, you’re still paying the mortgage. Just not yours. And your landlord loves you for it. Because it’s also a fact the best way to create long-term wealth is […]
The Truth About Mortgage Misconceptions
The mortgage process can sometimes feel like one of the most intimidating aspects of buying a home. When talking to clients, I find many times they are letting misconceptions about borrowing keep […]
Home-Buying Myth: You must have a 20% down payment to purchase a home
By Brian Murphy, Senior Loan Officer, MVB Mortgage For generations the accepted norm to purchase a home, you must have a 20% down payment. This remained true throughout the 20th century as […]
Why Using a Local Lender Matters.
By Scott Silverstein, Caliber Home Loans The homebuying process can be an overwhelming task: figuring out where to live, choosing a realtor to represent you, finding a lender, determining your budget, and, […]
Two Great Low Down Payment Lending Programs!
In today’s competitive market with soaring home prices, buyers struggle to come up with a hefty down payment and closing costs needed to buy a new home. Now, with the Fannie Mae […]
