Recent Articles
Feb
27
2023
27
2023
Urgency is back in the market
You wouldn't know by listening to the media, home purchases are still going strong for the right priced homes, and we are seeing multiple offers again. Recently we assisted a buyer who was involved in a home bidding process with 10 other offers. Do you know what helped them win the...
You wouldn't know by listening to the media, home purchases are still going strong for the right priced homes, and we are seeing multiple offers again. Recently we assisted a buyer who was involved in a home bidding process with 10 other offers. Do you know what helped them win the...
Feb
27
2023
27
2023
FHA home loans are now less expensive
Fantastic news! FHA home loans are now less expensive and this has been a long time coming! Effective immediately, FHA Mortgagee Letter 2023-05, “Reduction of Federal Housing Administration (FHA) Annual Mortgage Insurance Premium (MIP) Rates,” announces a...
Fantastic news! FHA home loans are now less expensive and this has been a long time coming! Effective immediately, FHA Mortgagee Letter 2023-05, “Reduction of Federal Housing Administration (FHA) Annual Mortgage Insurance Premium (MIP) Rates,” announces a...
Feb
22
2023
22
2023
Homebuying Help: How Downpayment Assistance Programs Work
If lack of downpayment or funds for closing costs are the main hurdle to buying a home, a state or local downpayment assistance program may be the answer! Most states, counties, and cities offer assistance in the form of grants or no-interest loans to help home shoppers pay for these costs...
If lack of downpayment or funds for closing costs are the main hurdle to buying a home, a state or local downpayment assistance program may be the answer! Most states, counties, and cities offer assistance in the form of grants or no-interest loans to help home shoppers pay for these costs...
Feb
15
2023
15
2023
What's the Max Debt-to-Income (DTI) Ratio for a Mortgage?
Debt-to-income (DTI) ratio determines what mortgage you’re eligible for. So before getting pre-approved, your mortgage advisor will review your income and debts to help you understand where you currently stand. In this article, we’re going to look at what a...
Debt-to-income (DTI) ratio determines what mortgage you’re eligible for. So before getting pre-approved, your mortgage advisor will review your income and debts to help you understand where you currently stand. In this article, we’re going to look at what a...
Feb
08
2023
08
2023
Should You Close Credit Cards Before Applying for a Mortgage?
If you have a $0 balance card, should you close it before applying for a mortgage? That’s a good question, but before you consider canceling your credit card account, it’s crucial that you know the potential drawbacks associated with closing an account. For...
If you have a $0 balance card, should you close it before applying for a mortgage? That’s a good question, but before you consider canceling your credit card account, it’s crucial that you know the potential drawbacks associated with closing an account. For...