Affording a home is all in the numbers! Get mortgage information, plus discover everything you need to think about to get your new home insured the right way.
Hoping to buy your dream home in the near future? Once you’ve determined how much mortgage you can afford, it’s time to save for your down payment! How much you need for a down payment depends on multiple factors, including the total price of the home and what kind of loan you’re considering, but it’s important to have a solid savings goal in mind as you begin the process. Luckily, there is a myriad of creative ways to save money for a down payment.
The dawn of a new year is an opportunity for new beginnings, new adventures and new goals. If one of your goals for 2024 is to find and move into the home of your dreams, committing to financial wellness is an important first step to take and the financial wellness tips we’ve put together can help get you ready for it!
Buying a home can be one of the most important purchases in your lifetime, which is why it’s crucial to have the right resources by your side every step of the way—from finding the home to insuring it. At Richmond American, we work closely with our affiliated lender and insurance companies to offer a streamlined experience for our buyers from start to finish. This “one-stop shop” option includes HomeAmerican Mortgage Corporation, American Home Insurance Agency and American Home Title and Escrow Company.
Love saving money on Black Friday and Cyber Monday? Check out our shopping dos and don’ts! If you’re in the market for a new home, these tips could save you more money on your future mortgage than any retail doorbuster, discount or early-bird special ever could.
Special financing. You’re familiar with the term, but its definition varies by industry. For example, some car dealers use “special financing” to describe financing options for people with bad credit who otherwise wouldn’t qualify for an auto loan. And some retailers have deferred-interest special financing options, which allow shoppers to make interest payments on their purchases at a future date. But here’s what you need to know about special financing when shopping for a new home. Read more.