A Home Buyer's Guide to Closing Costs
Jul 22, 2021
Closing costs play a significant role in your home buying process and are separate from your down payment. Closing costs are typically 2-5% of your loan amount, and will vary depending on your state, loan type, loan amount and mortgage lender.[1] According to data pulled from mortgage technology company ClosingCorp, the national average closing costs required to buy a home in the US for 2020 were $6,087 including taxes, and $3,470 excluding taxes...
5 Reasons to Refinance Your Home
May 27, 2021
Mortgage Refinance
It's a topic we all hear about, but only few look into. Going through the mortgage loan process can be daunting, and many people avoid going through this process a second time - especially when it doesn't end with a new home. Nevertheless, refinancing your mortgage has its perks, and it is important to consider all options available to you.
Before understanding the benefits of a mortgage refinance, let's ...
Build and Maintain a Positive Credit History
Apr 28, 2021
Are you financially ready to purchase a new home but worried that your credit score will hold you back? Don’t worry, you’re not alone. A solid credit history takes time to build and is often disregarded until it comes time to apply for a significant purchase. Nevertheless, whether you are trying to pre-qualify for a home loan, apply for low-interest credit, seeking employment or starting a business, finding out how to increase and mai...
Why You Should Get Pre-Qualified Before Beginning Your Home Buying Journey
Mar 9, 2021
Beginning your home buying journey is an exciting adventure that can often leave you with many unknowns. Will I qualify? How much house can I afford?
Before you go down the long road of google searches trying to find all the answers, you are only one click away from gaining a better insight of your financial state. Here’s why getting pre-qualified should always be your first step into home ownership.
1. Stay a Step Ahead.
In t...
