03

Jan
2017
Posted in:
Home loans

New Home Loan Limits For 2017

New 2017 Home Loan Limits

Wondering about financing a new home in 2017? Good news! Home loan limits have increased in the new year for several areas across the country. That means more homes may qualify for a greater variety of loans—potentially offering you more ways to finance your dream home! While not all areas experienced increases, it’s certainly worth checking …

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22

Nov
2016
Posted in:
For buyers

Home Gallery Product Sneak Peek

Couple at Home Gallery design center

We recently told you what to expect at our new home design centers, and now we’re taking you deeper with a sampling of specific products from national vendors—available wherever you buy a new Richmond American home! Keep in mind that some Home Gallery selections, like cabinets, are locally sourced and vary depending on region. Be …

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18

Nov
2016
Posted in:
Home loans

What is a PITI Payment?

Two-story Citrine model home

Buying your first home? Be prepared to learn a list of delightful new acronyms—APR, PMI, FICO, FHA, LTV and DTI, just to name a few. When it comes to establishing your home buying budget, PITI is the first term you should tackle. What is PITI? PITI stands for Principal, Interest, Taxes and Insurance, and calculating …

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13

Oct
2016
Posted in:
Insurance

Homeowner’s Insurance: Find Out What’s Covered

beautiful home

For many people, a home insurance policy is like a first aid kit: they know it’s a good thing to have, but they don’t open it up and poke around inside until they need it. Knowing what is and isn’t covered by your homeowner’s insurance, how much insurance you need to protect your property and …

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