Tag Archives: down payment

Get HomeReady: An Affordable Mortgage Program You Might Have Missed

Part of Homebuying 101

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of…

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National Homeownership Month: 5 tips for Homebuyers in a Competitive Market

Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.

Vacation Home and Investment Property Mortgages

Part of Homebuying 101

Buying another property is a dream for many homeowners. Who wouldn’t want to own an additional home, or even earn income from it?  But getting a mortgage for an investment property or second home is more complicated than getting a…

Next Up!
National Homeownership Month: 5 tips for Homebuyers in a Competitive Market

Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.

Financial Literacy Resource Roundup

Part of Homebuying 101

Achieving financial literacy is an important goal for anyone who wants to take control of their finances and put themselves on a path to long-term financial wellness. And, it’s especially so for homebuyers in today’s market. “As rates have risen…

Next Up!
National Homeownership Month: 5 tips for Homebuyers in a Competitive Market

Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.

What is Mortgage Insurance and How Does it Work?

Part of Homebuying 101

When shopping for your mortgage, you may already know some of the one-time costs involved, such as down payment and closing costs. But there are also some recurring costs — like mortgage insurance — that you should get familiar with,…

Next Up!
National Homeownership Month: 5 tips for Homebuyers in a Competitive Market

Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.

How to Avoid PMI (Private Mortgage Insurance)

Part of Homebuying 101

If you’re shopping for a mortgage, you may have already identified a few things you have to budget for, such as a down payment and closing costs. But if you opt for a conventional mortgage – mortgage loans not backed…

Next Up!
National Homeownership Month: 5 tips for Homebuyers in a Competitive Market

Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.

How Long Does it Take to Close on a House?

Part of Homebuying 101

Few things compare to the fluttery feeling in your stomach the day you close on your home. After all, home loans often require homebuyers to have down payments and closing costs in hand — and those can be some hefty…

Next Up!
National Homeownership Month: 5 tips for Homebuyers in a Competitive Market

Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.

What is a Jumbo Mortgage? Everything You Need to Know

Part of Homebuying 101

You’ve found your dream home: perhaps it’s in that ideal neighborhood, has a spacious kitchen, a spa-like bathroom, and a sprawling yard with flawless landscaping. But that perfect match may also come with a hefty price tag. When it comes…

Next Up!
National Homeownership Month: 5 tips for Homebuyers in a Competitive Market

Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.

What is PMI? How Private Mortgage Insurance Works

Part of Homebuying 101

Coming up with a down payment for a home can make even the most avid saver quake in their boots — it’s a big chunk of change.  And if you plunk down less than a 20% down payment, you’ll make extra…

Next Up!
National Homeownership Month: 5 tips for Homebuyers in a Competitive Market

Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.

Your Final Walkthrough: What to Look For and When to Put on the Brakes

Part of Homebuying 101

You’re almost there, future homeowner! You’ve made a successful offer and sorted out your financing. Your future home appraised well, and it cleared a title search. Now, it’s time for your final walkthrough: one last look around before you officially…

Next Up!
National Homeownership Month: 5 tips for Homebuyers in a Competitive Market

Homeownership is an enduring component of the American Dream – a benchmark Americans have measured success and well-being against for years. June marks the celebration of National Homeownership Month (NHM), dedicated to honoring those notions and celebrating the ways homeownership benefits families and communities across America.