Buying a Home | First Heritage Mortgage

04 2019 September

What Are Mortgage Closing Costs?

When considering the out-of-pocket expenses needed to purchase a home, a common misconception is that you will only need to cover the down payment. Many...

23 2019 August

What is a Non-Qualified Mortgage?

As you work your way through the home buying process, you’ll begin to realize that mortgage lenders typically have a set of requirements in order...

21 2019 August

VHDA Announces Increased Income and Sales Price Limits

Exciting news for first-time homebuyers in Virginia: the Virginia Housing Development Authority (VHDA) has announced higher income and sales price/loan limits. The changes will take...

01 2019 August

Who Qualifies for a VHDA Loan?

Who Qualifies for a VHDA Loan? Purchasing a home is a big life achievement for many people. That’s because it takes plenty of time and...

20 2019 July

7 Reasons Your Mortgage Was Declined

Being told that your mortgage was declined can leave you feeling disheartened. While it may be frustrating, it can be an important learning experience for...

13 2019 June

5 Reasons You Need to Talk Your Lender First

Before beginning the home search, talking with a lender is a crucial move. Not only will you know the exact amount of home you can...

10 2019 May

Everything You Need to Know About Bridge Loans

As a homeowner, the idea of moving from your current home to a new home can seem like a headache. How do you handle a...

18 2019 April

5 Smart Ways to Use Your Tax Refund

Receiving a check from the IRS is exciting – but making the decision on what to actually do with the extra money in your pocket...

09 2019 April

Everything You Need to Know About Gift Funds

Despite being able to afford the monthly mortgage payments, occasionally potential buyers avoid a home purchase because they lack the funds for a down payment....