Unfortunately, many would-be first time home buyers delay their home purchase longer than necessary to save enough money for down payment.According to the National Association of Realtors (NAR), "one of…
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When it comes to figuring out how much house you can afford there are two considerations. First is how much the lender says you can afford but equally, if not…
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Can you buy a home with bad credit? Well, it depends on what you consider to be "bad" but what I can tell you is that you don't need "great"…
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Mortgage insurance gets a bad rap, but I like it, especially FHA's monthly mortgage insurance. Not because it benefits me somehow but because it's good for my clients. I explain…
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Wondering how to qualify for a home loan? There are 5 main requirements when it comes to getting a mortgage pre-approval and that's the topic of this video. Getting a…
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Dave Ramsey suggests you continue to rent instead of buying a house until you are "ready" according to Dave's "perfect" plan. Even though I am a fan of Dave Ramsey's…
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You may not expect a licensed Mortgage Advisor, like me, to tell you, "Do Not Buy a House!" but there are times when it simply doesn't make sense or is…
FHA home loans have two types of mortgage insurance - up-front mortgage insurance premium (UFMIP) and monthly mortgage insurance (MIP). I've covered FHA monthly MIP in another post so the…
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Some Highlights: Buying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, we have…
We have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those…