We all dream of our perfect home. Maybe yours has a spacious backyard for your pets to roam. Or perhaps it’s an apartment with a nice view of the sunset each evening. While it’s easy to visualize what you want…
Appraisals are an important part of the mortgage process, mainly because they ensure that you’re paying a fair price for your new home as a buyer. Appraisals also act as a safeguard for all parties involved, from the seller to…
You usually hear that it’s imperative to save for retirement as early as you can. That advice will serve you well as you get closer to retirement age and all of that planning starts to become reality. Much of the…
Everyone gets excited about buying a new home, but selecting the loan program you’ll use and figuring out how much money you should put down aren’t typically met with as much enthusiasm. While figuring out the financing may not seem…
Home prices have been steadily increasing, especially throughout the pandemic. In several markets, prices were already high to begin with, leaving many buyers wondering if they’ll ever be able to afford a home in their desired location. On top of…
You might not be aware, but the housing market has its ups and downs, just like other cyclical industries. It’s advantageous to time your home transactions to align with the market conditions favorable to your situation, such as buying when…
The District of Columbia is a special place. It’s the United States’ capital – the center of all the action for the federal government. It’s also an international city, home to embassies of nations from around the globe. Even its…
A jumbo loan is used to finance a home when the price exceeds the conforming loan limit, which is $548,250 for most of the U.S. in 2021. It’s important to understand why you would need a jumbo loan and how…
When you start thinking about buying a house, you will probably first consider whether you have enough money saved for the down payment. Your down payment is an important part of the mortgage process. It plays a role in determining…
As you embark on your home buying journey, there are several parts of the process you may not have heard of before. That’s okay! This is when your loan officer will step in and be your guide to make the…
