Closing costs can cost as much as 5% of your loan amount. That is no small chunk change, so it’s no wonder people want to find ways to lower them. One such way is with a lender credit.Get Matched with a Lender, Click Here.It sounds amazing. The lender helps you pay your closing costs, right? … Continue about What Can a Lender Credit be Used For?
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Buying a Home
Look For These Things on Your Final Walk-Through
Just before you close on your home loan, you will have the opportunity to do a final walk-through. This is your chance to make sure the home looks as you remembered it. It’s also a way for you to make … Continue about Look For These Things on Your Final Walk-Through
The Top Ways to Convince a Seller to Pay the Closing Costs
When you buy a home, you have a lot of costs to worry about. Not only do you have to worry about the earnest money and down payment, you also have closing costs. When you add them all up, you could be … Continue about The Top Ways to Convince a Seller to Pay the Closing Costs
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What Can a Lender Credit be Used For?
Closing costs can cost as much as 5% of your loan amount. That is no small chunk change, so it’s no wonder people want to find ways to lower them. One such way is with a lender credit. Get Matched with a Lender, Click Here. It sounds amazing. The lender helps you pay your closing […]
Freddie Mac’s Home Possible Mortgage Eligibility Requirements
If you are a low to moderate-income family, you may be eligible for the Freddie Mac Home Possible Mortgage. It’s the perfect program for first-time homebuyers; however, previous homeowners can apply as well. Get Matched with a Lender, Click Here. Keep reading to learn about Freddie Mac’s Home Possible requirements. Down Payment Requirements Borrowers must […]
Can You Use an FHA Loan to Build a House?
If you are in the market to build a house, you have unique mortgage needs. Because no lender can provide you with an actual mortgage until there is a house to live in, you need temporary construction financing first to even build the house. Looking for Current Mortgage Interest Rates? Click Here. This type of […]
The Top Ways to Save Money on Closing Costs
Buying a home means more than saving for a down payment and moving costs. You also have to pay those pesky closing costs. It’s not unusual to see closing costs as high as 5% of the loan amount. If you have a $200,000 loan, that means as much as $10,000 in closing costs. Compare Offers […]
Look For These Things on Your Final Walk-Through
Just before you close on your home loan, you will have the opportunity to do a final walk-through. This is your chance to make sure the home looks as you remembered it. It’s also a way for you to make sure the home is in the condition you agreed to in the purchase contract. Get […]
The Top Ways to Convince a Seller to Pay the Closing Costs
When you buy a home, you have a lot of costs to worry about. Not only do you have to worry about the earnest money and down payment, you also have closing costs. When you add them all up, you could be talking tens of thousands of dollars. Get Matched with a Lender, Click Here. […]
Can you Choose Your Own Title Company?
When you buy a home, you have different types of protection you must buy. You are probably familiar with homeowner’s insurance and maybe even flood insurance. But, did you know that you must also buy title insurance? Compare Offers from Several Mortgage Lenders. Did you also know that just like shopping for homeowner’s insurance, you […]
The Top Ways to Learn About a Home’s History Before Buying It
Finding a home you like isn’t the only task at hand when you are in the market for a home. That’s just the first step. You have several other ‘due diligence’ steps you must take before you make a decision. One of those steps is learning about the home’s history. There could be something in […]
Which Economic Factors Can Impact Your Mortgage Interest Rates?
Mortgage interest rates are of major concern to most borrowers. It’s one of the largest factors when considering how much the loan will cost. Deciding when to lock in the rate requires you to understand the economic factors surrounding interest rates. Get Matched with a Lender, Click Here. While it’s impossible to predict what rates […]
How Does Owner Financing on a House Work?
If you’ve ever perused house listings, you may have come across a few that say, ‘owner financing available.’ It may sound weird that someone trying to sell their house would lend you the money to buy it, but there are some advantages for sellers as well as buyers. Get Matched with a Lender, Click Here. […]