As a veteran or service member who’s ready to embark on your home ownership journey, the first step is to consider your financing options. The Department of Veterans Affairs (VA) guarantees home loans for veterans and service members to help achieve home ownership goals. While VA loans are similar to conventional mortgage loans, there are some notable […]
Understanding VA Closing Costs Read More »
Today’s mortgage rates are hovering right around the historic median of 7.5%. But after a decade of exceedingly low rates, the recent increases are causing some homebuyers to find creative ways to secure a lower rate. Some buyers are paying mortgage points upfront to reduce their mortgage rates. Others are opting for an adjustable-rate mortgage (ARM) rather than fixing their
What is a 2-1 Buydown Loan and How Does It Help Homebuyers? Read More »
As a real estate professional, your clients turn to you to help them navigate an often emotional and complicated process. They trust your guidance and insight as they make what is often their most significant investment. Investing in a home can be scary for many, especially first-time buyers. It’s easy to be overwhelmed by how
Tips for Helping Your Clients Save on Closing Costs in a Home Sale Read More »
Buying a new home is an exciting adventure. If you’re a first-time homebuyer, it can also come with a bit of confusion. With news headlines focusing on fluctuating interest rates and changing market dynamics, it can be hard to understand whether it’s actually a good time to buy a home or if you’re better off
Interest Rates and the Housing Market: A Guide for First-Time Homebuyers Read More »
There’s no need to wait until springtime to start shopping for your new home. Not when the holiday season provides several advantages for homebuyers! From reduced competition and motivated sellers to potential cost savings and tax benefits, here are five compelling reasons to buy a home during the holiday season. 1. Fewer Other Buyers to
The Benefits of Buying a Home During the Holidays Read More »
Have you ever had a deal fall apart because of financing? Have you ever had a buyer upset with you because they struggled to secure their home loan? Many agents aren’t quite sure how to avoid home loan issues like these. After all, the financing is between the buyer and the lender, so what can
How to Help Your Homebuyer Clients Secure the Right Home Loan Read More »
Since 1944, the VA home loan has supported many of our country’s bravest individuals in achieving their dream of homeownership. Geared towards active-duty personnel, veterans, eligible surviving spouses, and specific National Guard and Reserve members, the VA loan is a versatile option that allows us to give back to those serving our nation. With competitive
Understanding VA Loans Read More »
While spring is synonymous with the start of the homebuying season, buying a home during the holidays has benefits. In many markets across the country, housing inventory remains low, and property values continue to rise. As a Realtor, you can give your buyers an edge as they search for their dream home by understanding how
How to Help Your Clients Buy a Home This December Read More »
There are many factors that lenders use to assess your application for a mortgage. Understanding these criteria can help you prepare for your application and get you better results. Your credit score is one significant aspect lenders assess when you apply for a home loan. Whether you’re a seasoned property investor or a first-time homebuyer,
How Credit Impacts Your Ability to Get a Home Loan Read More »
The holiday season is full of hustle and bustle. It’s traditionally a time spent gathering with friends, attending celebrations, and searching for the perfect gifts. If you’ve added buying a home to this year’s holiday to-do list, you may face some unique challenges, but you’ll also be poised to take advantage of exciting opportunities. Understanding
10 Tips for Buying a Home During the Holiday Season Read More »
