Pre Approved
The weather is about to warm up and the snow is about to go away. More homes will be coming on the market looking for a new home owner. Question is – are you ready to be able to put Read more…
Credit Dos and Don’ts for Home Buying
Everyday is an opportunity to put yourself in a better position to purchase a home. One way is by putting into action these Credit Dos and Don’ts. Most everyday, or at least several times each month, you have the opportunity Read more…
ASSETS and CREDIT
What preparations and planning are you doing to buy your first home during this market of low interest rates and low house inventory? Two of the main hurdles I commonly see preventing people to delay purchasing is CREDIT and ASSETS. Read more…
VA Loan Myth #3 – It Takes Forever to Close
False. The VA Loan closes as fast as any other loans and are more likely to close. As with each loan program, the VA loan will have certain requirements that need to be met and documents that will need to Read more…
VA Loan Myth #2 – It’s Not A Good Loan Product
False. The VA Loan, in my opinion, the best loan option for those who have earned their entitlement and that qualify. This loan requires no down payment. USDA is the only other loan product that has a 0 down payment Read more…
VA Loan Myth #1 – It Can Only Be Used Once
False. Once you have earned the VA home loan benefit, you have earned it for life. You can use it multiple times for zero down payment, and in some cases, multiple times at once. As a Veteran you can use Read more…
Are you a Hero? Do you know a Hero?
Firefighters, law enforcement, military (active, reserves and veterans),healthcare workers, EMS and teachers can save significant money whenbuying, selling or refinancing a home when they work with Homes for Heroeslender and real estate specialists. As a lender specialist I can assist Read more…
Cash to Close
How much money will I need to buy the house or bring to closing? That’s a great question and one that I hear often prior to even getting pre-approved for a home loan. Each situation is different and the amount Read more…
Pre-Qualified vs Pre-Approved
What is the difference between being pre-qualified versus being pre-approved for a home loan? Pre-qualified is no more than a loan officer asking some questions regarding your income, debt, what you think your credit score might be, and what information Read more…
Car or House?
Make sure you maintain a low debt-to-income ratio by avoiding large purchases. Because a large payment and balance can cause a significant decrease the amount of home that you can buy. Depending on your income, a $400 car payment can Read more…