If you’re applying for a mortgage, the best way to create a smoother and quicker transaction is to have all your documents prepared. Staying organized with documents and finances will make it easier for the lender to move you through each stage of the process, and create an established, trusting relationship. Below, we’ll […]
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Category: Blog
Your Financial Preparation Guide for Bui...
Buying a home is one thing, but building a home from scratch is a whole different ball game. Any big purchase like this takes a lot of financial preparation, but there are a few extra steps involved if you’re looking into building a home. In this article, we’ll help you better understand the financial […]
How Long Does it Take to Buy a Home? A S...
The process of purchasing a home has a lot of moving parts; which means it’s not always the quickest transaction. It’s easy to get impatient, but it’s important to remember that each step in the process should be thought out and completed correctly. That’s where our buying guide comes in. The time frame […]
How Many Mortgage Quotes Should I Get Be...
A mortgage will arguably be the biggest financial decision of your life. So a homeowner has every right to shop around a bit, and look for the best deal. However, there are drawbacks to doing so. In this article, we’ll discuss the pros and cons of talking to multiple lenders, and when to pull the […]
What the 2021 Increase in Loan Limits Me...
The idea of owning a home is exciting, especially if it’s your first one! However, that excitement can start to fade, as many home buyers are being challenged with mortgage loan limits. The Federal Housing Finance Agency (FHFA) has introduced new loan limits for 2021, which reflect the average increase in house price […]
How Self-Employed Professionals Can Qual...
For self-employed professionals, the application itself is the same as any other employed person. The same components are also considered, including credit score, debt, assets, and income. However, in a typical mortgage process, the lender will contact the employer to verify those components, and determine the likelihood that payments will be made. So if the […]
How to Avoid Buyer’s Remorse
Buyer’s remorse is something we feel on a regular basis, however home buyer’s remorse feels next level. After all, it’s arguably the biggest purchase you’ll ever make! You might ask yourself questions like “Did I act too quickly? What if a better home becomes available? What if I lose my job or can’t make mortgage […]
Ways to Fund Your Retirement Plan Using ...
Your home is one of the most valuable (if not the most valuable) asset you’ll have in your life. Due to its high value, home equity can become a funding aspect of your retirement plan should you choose to do so. Home equity is a great supplement on top of what you’ve already been […]
How Covid Has Created Challenges and Opp...
Who would’ve thought our country would be in a recession in 2020? Covid-19 has undoubtedly impacted a variety of industries, however strangely enough, the housing market boomed. Due to an accumulation of over $1 trillion in home equity and low housing supply, buyers are bidding up the prices of available properties, which has led […]
How a Cash-Out Refinance Could Affect Yo...
If you have equity in your home, it could prove advantageous to get a cash-out refinance to cover any debt. However, this could have an impact on your taxes. In this article, we’ll provide a run down on how refinances work, and how you can use the cash-out refinance money as tax-deductible items. How […]
