What is an Earnest Money Deposit?
If you are planning on buying a home this year, one of the more proactive steps you can take is to calculate out what cash you’ll need on hand for the home buying process so that you are not faced with surprise expenses down the line. You may also need cash on hand for after you purchase a...
Buying a Home With A Credit Score Lower Than 600
Many factors impact your credit score and often the factors which can impact your credit score the most are things that may be completely outside your control. If you were laid off, have recently gone through a divorce or found yourself facing large medical expenses for an unexpected...
Construction Loans & New Build Mortgage Loans
If you are thinking about buying a home in the near future but don’t see much on the market that meets the needs and wants of your family, you might be interested in building your own home in order to ensure that you end up in a home that has everything you’re looking for. With the...
All About Graduated Mortgage Loans
Looking for your dream home and not sure which mortgage program option is right for you? There are a lot of options available when it comes to financing your home purchase, and an experienced mortgage lender will be able to advise you on which programs may be best for you depending on your...
Why a Home Inspection is so Important
Buying a home is likely one of the largest, if not the largest, financial purchases you will make in your lifetime. When looking at your budget, the cash you’ll need for a down payment, closing costs, perhaps new furniture and more, you may be tempted to save money where you can. As...
Low and No Down Payment Mortgage Options
Low and No Down Payment Mortgage Programs
If you’re dreaming of home ownership, and have the credit score and income to qualify for a mortgage but think that home ownership isn’t within your reach right now because you don’t have a significant cash down payment to...
3 Things To Do Before Listing Your Home For Sale
When you are getting ready to sell your house, the lists of what to do can be daunting. Should you stage your home? Should you make repairs? Upgrade that carpet? The kitchen? Overhaul your front and back yard to impress prospective buyers? You probably don’t want to dump a bunch of...
What is a Balloon Mortgage and How Does it Work?
A balloon mortgage is one type of mortgage loan option which is different from the many loan products available on the market. It is a mortgage product that generally has a shorter repayment term, for example, a term of just 5 years as opposed to a conventional mortgage loan with a...
Buying a Home After Bankruptcy
If you’ve ever declared bankruptcy, you might have assumed that your bankruptcy would disqualify you from home ownership; but the good news is that you will likely still be able to buy a home after declaring bankruptcy! Filing for bankruptcy does not in and of itself create a...