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Category: First-Time Homebuyer

October 11, 2023

How Student Loans Affect Mortgage Eligibility

A college education is associated with increased earnings, fewer periods of unemployment, and greater job satisfaction.1 However, paying for college without incurring debt remains a challenge. Tuition, fees, and living expenses often surpass the amount set aside in college savings plans or available through federal and state grant programs. For many students, scholarship opportunities are limited, leaving loans as the…

August 14, 2023

5 Things to Look for in a Real Estate Pro

When you’re ready to buy a house, a real estate professional will guide you through the process of finding a home, making an offer, and signing the contract. Learn how to find the right agent for you.

June 28, 2023

What is Home Equity and Why is it Important?

For the first time in over a decade more people are choosing to buy a home rather than rent.   An improving economy, low interest rates and rising costs of rent have all factored into this change; however, it can be argued that the real driver behind making home ownership the more attractive option is simply the fact that building home equity is a sound financial decision. 

May 23, 2023

Private Mortgage Insurance Myths Debunked – Why PMI Can Be Good

Despite fluctuations in the economy, home values continue to climb.  Reuters reported in June 2018 that U.S. housing prices are expected to rise at twice the speed of inflation and pay. But, what does this mean for renters who are trying to save for a down payment and are doing so at a much slower rate?

May 17, 2023

Pulling Back the Curtain on Mortgage Appraisals

Congratulations, you have found your dream home! You and your realtor have worked out all the details with the seller and have finally agreed to the purchase price. Now what?

May 11, 2023

Avoid These 10 Financial Mistakes

Are you in you ready to take control of your life? Sidestepping these 10 mistakes can move you closer to financial freedom.

April 22, 2023

Is a Home Inspection Necessary?

After months of looking, you finally found your dream home. It’s located in an area with a low crime rate, in one of the top school districts in the region, and to top it off - your move-in ready home is a few short miles from your employer. You’d move in next week if you could. But, before you rush…

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