Last year the Federal Housing Finance Agency (FHFA) announced changes to Fannie Mae and Freddie Mac’s pricing structure to reduce fees for certain homebuyers and mortgage products. The intent of these changes is to help more Americans become first-time homeowners…
Sherry Riano, FHM Loan Officer, contributed to this article. There’s been a lot of concern from prospective home buyers and existing homeowners over the past several months. With inflation continuing to rise and interest rates headed in the same direction,…
Even during the best economic times, it can be hard to feel fully confident in being ready to buy your first home. There’s a lot to consider. You want to make sure you have enough saved up for a down…
Are you ready to make the jump from renter to first-time homebuyer, but feel like you don’t even know how to get started? You’re not alone! There are many steps in the home buying process, and it’s one of the…
You’re almost there! You’ve worked with your loan officer to find the best loan program for you, found a house you love, and got your offer accepted. Now there’s some paperwork and final steps that are all that’s left before…
The very first step in buying a home is making the decision that you’re ready to buy. The next step after that is determining how much you can afford and what your financing options are. Getting pre-approved by a lender…
You often hear that you shouldn’t sell your home without the help of a real estate agent, or that you need an agent to help get your offer accepted on the house you’re hoping to purchase. If it’s your first…
You already know that lenders review your finances when you apply for a mortgage. That’s why you submit the loan application, providing a complete picture of your financial situation. This allows the lender to assess the risk of the loan,…
When it comes to selling your home, you probably want to follow the same advice most of us have heard about the stock market: buy low and sell high. Appreciation of your home’s value usually happens naturally over time. Still,…
Springtime brings a welcome change to the temperatures outside, clearing the winter clouds and making way for sunshine. It also brings more houses to the market, making it an ideal time to take that leap and buy your new home.…
