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For low down payments, buyers FHA’s not the only option. We can offer them a conventional mortgage instead. Conventional programs are fueling the low-down payment movement. Today, one in four buyers uses a low-down payment loan to purchase their home according to real estate data website Realtytrac. HomeReady Mortgage The HomeReady mortgage “allows low- to moderate-income

Want to save your buyer time and money on their home purchase? They may be eligible for a reduced appraisal. This gives qualified home buyers the option to decline to have an appraisal done on the property they are purchasing. Previous home value information is used to determine the value of the home rather than a

A lot of real estate agents cringe when they hear the word FHA. but the truth is, they have just been working with the wrong mortgage professional. We do FHA right – with great rates, low payments, and fast, worry-free closings – so you can help more of your clients into the homes of their

Stability  Give your family the gift of a more stable home life by having a constant place to call home. While this is important for adults, it is even more beneficial for children. Buying a home allows them to build a routine of school, extracurricular activities, and ending the day back at home. It gives

What is a reverse mortgage? A reverse mortgage is something that not everyone qualifies for. It is an opportunity to use the equity value built up in a home to improve the quality of life of those who reach the retirement age of 62 or older. It allows a person to remain in their own

Why are millennials wanting to live in tiny homes? Many people are looking towards tiny homes in an attempt to avoid rising mortgage rates and to keep from accumulating more debt. Fox Business posted the following statistics about tiny homeowner’s finances: 60% have no credit card debt at all and 55% have more savings than

Start Early Even if you can only set aside $10, do it. Every single dollar towards your down payment will help in the future. The sooner you begin saving, the easier it will be to build up the total sum that you need for your dream home. It may seem far off now, but you’ll

Refinancing a mortgage means you pay off an existing loan and replace it with a new one. There are several reasons why homeowners refinance: to get a lower interest rate, to shorten their mortgage term, to finance a large purchase using some of their home equity, or to consolidate debt.Refinancing becomes popular when mortgage interest

If you’re thinking about buying a home anytime soon, you must have a good credit score. You’ll be able to afford a better home if your score is higher. Did you know that just one point on your credit score can save you hundreds of dollars on your monthly mortgage payment? But what do you