Tag: budgeting for a new home
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How to save for a down payment: 4 tips
Read more: How to save for a down payment: 4 tipsSaving for a down payment is one of the most important financial milestones on the journey to homeownership, and approaching it thoughtfully can make the process more manageable and rewarding. After determining a monthly payment you can comfortably afford, the next step is to establish a clear target for the loan amount you’ll need and…
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The Benefits of Home Loan Prequalification
Read more: The Benefits of Home Loan PrequalificationWhile home loan prequalification isn’t mandatory, it offers numerous benefits that can make your homebuying process smoother, faster, and less stressful. Prequalifying helps to ensure that you’re better prepared and that you’re making informed decisions about your home search—helping you avoid costly mistakes and disappointment along the way. Read on to learn more.
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The Power of the Rate: Afford More with Special Financing!
Read more: The Power of the Rate: Afford More with Special Financing!If you’re in the market for a new home, chances are you have a budget in mind. After all, a house is likely one of the largest purchases you’ll make in your lifetime. You want to make sure you only buy what you can afford… but what if you can actually afford more than you…
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Why & How to Pay off Your Mortgage Faster
Read more: Why & How to Pay off Your Mortgage FasterFor many homeowners, their mortgage is the single largest debt they’ll ever carry—and the one that sticks around the longest. While a 30-year mortgage is a common choice due to its lower monthly payments, more and more people are exploring ways to accelerate the payoff timeline and save some money in the process. Read on…
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7 Tips for How to Buy Your First Home
Read more: 7 Tips for How to Buy Your First HomePurchasing your first home is a lot like running a marathon. It’s an extremely exciting and hugely rewarding journey that requires preparation, perspiration and perseverance. From saving for a down payment to choosing the right mortgage, the quest for homeownership is a major commitment that will necessitate your full attention. The more effort you put…
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Eight Tips for How to Afford a House
Read more: Eight Tips for How to Afford a HouseWhile the journey toward homeownership can see the occasional obstacle pop up, there are numerous strategies that can help you learn how to afford a house. Whether you’re just starting your home search or seeking long-term affordability tips, the suggestions outlined in this article can help reduce both upfront costs and ongoing financial commitments. Read…
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Eight Financial Wellness Tips to Help You Land Your Dream Home in 2025
Read more: Eight Financial Wellness Tips to Help You Land Your Dream Home in 2025The dawn of a new year is an opportunity for new beginnings, new adventures and new goals. If one of your goals for 2025 is to find and move into the home of your dreams, committing to financial wellness is an important first step to take. January is Financial Wellness Month in the United States,…
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How to Find Your Dream Home in 10 Days
Read more: How to Find Your Dream Home in 10 DaysYou’ve probably heard of the movie, How to Lose a Guy in 10 Days. Watching that film had us thinking…what else can be done in a 10-day time period? How about finding your next home? It’s possible! We’ve broken down the process day by day to show you how. Day 1: Budget Wake up,…
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What’s So Special About Special Financing?
Read more: What’s So Special About Special Financing?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…
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3 Ways to Make Today’s Mortgage Interest Rates Work for You
Read more: 3 Ways to Make Today’s Mortgage Interest Rates Work for YouWondering if now is the right time to make a move? Today’s mortgage interest rates are very attractive, and we’ve detailed three ways in which you can leverage them to buy the home of your dreams. Read more.
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5 Ways to Figure Out How Much Mortgage You Can Afford
Read more: 5 Ways to Figure Out How Much Mortgage You Can AffordThe prospect of purchasing your dream home is a thrilling one, but before you commit to a price, ask yourself this crucial question: “How much mortgage can I afford?” It can be tempting to take the biggest loan you can get, but leaving out budget considerations can lead the way to steep monthly payments that…
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7 Signs You’re Ready to Buy a New Home Now
Read more: 7 Signs You’re Ready to Buy a New Home NowThe COVID-19 pandemic has us spending more time at home than ever before, and this has led many people to realize that their current abode is no longer working for them. But is the desire for a nicer kitchen, dedicated home office and/or more outdoor entertaining space reason enough to buy a new home? We’ve…
