One of the main questions I get from first-time homebuyers is, “Where do I find my downpayment?” With most of my first-time buyer clients, we look at a few downpayment options to buy a home. What is a Downpayment? A…
When I work with clients on their mortgage pre-approvals, there’s one key component I like to stress. Buying at the top end of your pre-approval budget could be setting you up for tighter expenses and stress down the road. Being…
There are a lot of things we do regularly; change the oil in our vehicles; go to the dentist; get a haircut. But, when was the last time you checked your credit score? Most people check their credit score when…
You’ve found the right home and you’re thinking of making an offer. This is where the home buying process tends to move quickly, so it pays to be prepared! Ideal homes often receive offers within days of being listed. And…
Recently, I got the question, “should I buy a house now or wait six months?” With the current state of the economy, there is anticipation that home prices may drop in the future. But, we’ve also seen mortgage rates…
When you search “how to get pre-approved for a mortgage” there are countless ways to pre-qualify for a mortgage in 60 seconds. But, getting approved for your mortgage takes a bit more than 60 seconds. If it only took 60…
Have you been struggling to land your dream job? Maybe it’s not your qualifications that are keeping you back but your credit score. Yes, I said credit score. Mortgage lenders are not the only people who can access your credit…
How do you actually know when you are ready to be a homeowner? Many people will say that homeownership is one of the greatest investments you can make. And while those people aren’t wrong with that statement (if you do…
Why do Lenders ask for Employment letters? Checking for employment letters might seem like just one more piece of paper, but it’s important. It’s due diligence. And it works on your behalf. A borrower will provide employment letters if requested…
What are Closing Costs? Congrats! You saved for a downpayment and now you are ready to buy. The mortgage and downpayment cover the purchase price of the home. There are other costs involved with purchasing a home, referred to closing…
