lenders: Many loan options when you are buying a house
- 01/24/22 09:06 AM
Do you have plans to buy a new home this year? If so, you're probably thinking and saving for a down payment, but how much do you need? There are many loan options, and you may not need 20%. Conventional Loans Have you heard of Fannie Mae or Freddie Mac? These are the companies that provide conventional home loans. If your credit score is in good shape, you'll only need to put 3% down on your new home. FHA Loans Are you a first-time homebuyer? Then, an FHA loan might be a good option for you. Generally, you could put as little as 3.5% down. VA … (4 comments)
lenders: Two Big Myths in the Homebuying Process
- 03/19/20 11:55 AM
The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American Dream.” Unfortunately, the myths surrounding the barriers to homeownership – especially those related to down payments and FICO® scores – might be keeping many buyers out of the arena. The piece also reveals: “Millennials have to navigate a lot of obstacles to be able to own a home. According to our 2020 survey, saving for a down … (3 comments)
lenders: 3 Reasons Why Pre-Approval Is the First Step in the Homebuying Journey
- 02/05/20 06:27 PM
When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough for buyers to land their dream homes – unless they stand out from the crowd.
Here are three reasons why pre-approval should be your first step in the homebuying process. 1. Gain a Competitive AdvantageLow inventory, like we have today, means homebuyers need every advantage they can get to make a … (9 comments)
lenders: Coming Soon: Pool Home move in ready - Lehigh Acres FL 33976
- 10/17/19 06:46 PM
Dreaming about owning a POOL HOME ? This beauty is coming on the market soon and we want you to be the first to see it before it hits the market ‼️3 Bedrooms 2 Baths / Open floor plan Priced aggressively for a quick sale Lehigh Acres FL 33976Call / Text : 239-284-8637Hablamos Español This immaculate move in ready Pool home has southern exposure and is conveniently located off of Gunnery Rd between Lee Blvd. and 82. The home has three bedrooms, two baths and huge walk-in closet in the master. Nice tile in the living room with an open floor plan, kitchen with lots of … (5 comments)
lenders: 3 Powerful Reasons To Buy A Home Now
- 08/01/19 12:58 PM
Whether you are a first-time buyer or looking to move up to the home of your dreams, now is a great time to purchase a home. Here are three major reasons to buy today. 1. AffordabilityMany people focus solely on price when talking about home affordability. Since home prices have appreciated throughout the past year, they assume homes are less affordable. However, affordability is determined by three components: Price Wages Mortgage Interest Rate Prices are up, but so are wages – and interest rates have recently dropped dramatically (see #2 below). As a result, the National Association of Realtors’ (NAR) latest Affordability Index report revealed that … (2 comments)
Do you have plans to buy a new home this year? If so, you're probably thinking and saving for a down payment, but how much do you need? There are many loan options, and you may not need 20%.
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