Browsing Tag

home financing

1 3 4 5 6 7 8 9 10 11 12
Buying a Home

3 Reasons to Buy vs. Rent a Home in 2015

January 6, 2015

The long-awaited dream of owning your own home entails one of the most important purchases of your life. Is it any wonder it could also be the most exciting? Moving from renting to homeownership brings a range of benefits, from a sense of community and stability to never having to worry about yearly rental increases. But there’s more. We explore three advantages that tend to sway long-time renters into becoming happy homeowners. 1. Live life on your own terms: As a homeowner, you can delight…

Continue Reading

Share this article

Financing & Insuring

5 Mortgage Myths Debunked

November 13, 2014

You’ve probably heard your share of mortgage legends over the years. It can be hard to know what’s fact and what’s fiction. When you’re in the market for a new home, there’s no better time to learn the truth. We’ve uncovered five myths that have made their way into mainstream homebuying. Myth #1: You must have a 20% down payment. Fact: Today’s qualified borrowers may secure a home loan by putting down as little as 3% or 3.5% of the purchase price. If you are…

Continue Reading

Share this article

Financing & Insuring

Things to Know About Homebuyers Insurance

April 15, 2014

With the purchase of your new home, it’s wise and often even mandatory to protect such a large investment with different types of insurance policies. Read on for our quick guide to the main types of insurance policies you might encounter and why you may need to purchase them. HOMEOWNERS INSURANCE Homeowners insurance is designed to protect you financially by providing money for repairs in the event your property sustains damage. This could include damage from fire, lightning, windstorms, hail, explosions, smoke, vandalism and many…

Continue Reading

Share this article

Buying a Home, Financing & Insuring

How Much Can I Afford on a Home Loan in 2014?

March 12, 2014

Each year can bring anything from minor tweaks to major overhauls in mortgage lending, possibly affecting how much house you can afford to buy. To help simplify how to financially prepare for homeownership this year, we’ve compiled some of the more important gamechangers for you to be aware of in 2014. New Qualified Mortage Rules In January, the Consumer Financial Protection Bureau (CFPB) implemented new regulations under the Dodd-Frank Act for determining what constitutes a qualified mortgage. “Qualified mortgage” is actually a technical term, referring…

Continue Reading

Share this article

Buying a Home, Life at Home

Millennials: First-time Homebuyer Tips and Tricks

February 20, 2014

What Millennials can do now to prepare for homeownership Research shows that over ⅓ of the Millennial generation, ages 18 to 31, either still live with or have moved back in with their parents. That indicates a sizable portion of the homebuying market is currently sitting it out on the sidelines. But that doesn’t mean Millennials can’t begin preparing for homeownership. In fact, with Mom and Dad providing some financial shelter, many might find themselves at a unique advantage for paving a successful path to…

Continue Reading

Share this article