Mortgage

Buying Points When Buying A Home

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Buying Points
Buying Points When Buying a Home

As millennials and other first time home buyers begin their quest of buying a home, they face ever increasing costs of home-ownership. To help combat these increasing costs, lenders may provide some options to consider such as buying points.  A caveat we have to mention (almost by law) – we are not financial advisers or mortgage experts. Any information we provide derives from personal experience and working with families buying a home.  Please obtain counsel from a professional financial adviser to help you determine what option suits you and your family best.

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Home Loans for Students

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Home Loans for Students
Home Loans for Students

So you and your spouse have completed your undergraduate degrees. You both have decided that you will continue your graduate degrees while working. Each of you has an annual income of roughly $50,000. You both have good credit, and you have put aside money for a down-payment for your first home. You both decide to begin your search for home loans for students so you can buy your first home! Happy day!

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How A Home Appraisal Kills The Deal

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Home Appraisal Kills Deal
Home Appraisal Kills Deal

For those thinking about getting into home ownership, one issue that many forget to consider until too late includes the home appraisal. Forgive me for my marketing blurb here, this issue also points to a great reason to utilize the assistance of a real estate agent.  This article will talk about a few ways a home appraisal can kill a real estate transaction using a few personal experiences. We will also note some options to help prevent this situation.

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Learn About Your Down Payment Gift

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Down Payment Gift
Down Payment Gift

So, you have contemplated thinking about maybe possibly looking into the option of considering potentially purchasing a house, sorta kinda…. Maybe. Usually in instances such as this, the potential home buyer delays for one major reason – the down payment. We have written a few articles speaking about different options for programs available to many families. One about general programs available, and another about programs specific to Central Florida. However, we wanted to discuss one option that does not originate with your lender or the government – receiving a down payment gift. Some families may not have this option available to them, but for those that do, this article is for you!

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Down Payment Assistance Program

Down Payment Assistance Program
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As an update to a previous article about different down payment assistance programs available to home buyers here, we wanted to share one specific to Central Florida. This particular program is called the “Florida Hardest Hit Fund Down Payment Assistance Program” and may provide up to $15,000 to homebuyers in the Central Florida area.

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Down Payment Assistance Programs

Down Payment Assistance
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“Do I qualify for down payment assistance?”

We hear this question about down payment assistance quite often, and while we would love to provide a straight answer, one does not exist.  So we want to focus on shedding a little light on this extremely common question.  Since the question itself does not have a direct answer, we will point you in the direction of the right questions to ask, and the right people to ask.

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VA Home Loan Information

VA Home Loan
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An article about a VA Home Loan seems on point as we recognize the Memorial Day weekend, and honor the “some that gave all” and those that still endure that sacrifice. Veterans Affairs (VA) helps Servicemembers, Veterans, and eligible surviving spouses.  This article endeavors to provide information to those eligible to utilize the benefits of VA Home Loans.
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