Tag: closing costs

  • The Facts on Closing Costs on New Construction Homes

    Closing costs: a generic term tossed around by mortgage originators, real estate agents and even your neighbor. But what are these fees all about? Read on to learn the basics of closing costs on new construction and resale homes and how they will affect your home purchase.

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  • 5 Signs You’re Ready to Buy a New Home Now

    Think you may be ready to write your last rent check or upgrade to that larger home you’ve had your eye on? Following are five signs that could indicate that now is the right time for you to buy a new home. You have good credit. Your credit score can affect your ability to get […]

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  • What is an FHA Loan?

    If you’re buying your first home, you’ve probably already heard that an FHA loan is THE loan for you. While it’s true that FHA-insured mortgages are an attractive option for many new buyers, it’s not the only option—and FHA loans are not just for first-time homebuyers! Check out our FHA FAQ below, then be sure […]

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  • New Year’s Resolution: Saving for a Down Payment

    It’s a new year, and you know what that means. It time, once again, for resolutions. If you resolve to leave your landlord behind—or to move into a larger, more luxurious home—this year, you may have to provide a down payment of up to 20 percent of the home’s sale price, which can be challenging. […]

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  • Frequently Asked Questions: Using Gift Funds to Buy a Home

    Whether you’re buying your first home or your tenth, you may find you need a little help coming up with a down payment or closing costs. If you’re fortunate enough to have someone who’d like to contribute to your homeownership goals, this FAQ is for you!  What kinds of loans allow you to use gift […]

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