Getting Started in Real Estate Investment

Getting Started in Real Estate Investment

Post So, you’re ready to start investing? You’ve probably saved some money, and you’re well aware that you’re better off investing that capital than letting it sit in a bank account. But the struggle is figuring out the right strategy for…
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How to Calculate Your LTV Ratio

Post 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,…
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How Does the Fed Rate Hike Affect Homebuyers?

Post Earlier this month, Federal Reserve officials increased the federal funds rate by 0.25 percent, marking their first rate hike since 2018. You might be wondering why they would do this amid high inflation and rising gas prices. Increasing interest rates…
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Should You Finance with an Adjustable Rate Mortgage?

Post Interest rates are starting to rise, and with already high home prices, many buyers count themselves out of being able to buy a home. But don’t walk away so quickly! As you’re calculating what you can afford and how much…
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How to Save on Your Down Payment with an FHLB Grant

Post 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…
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What Is An Extended Rate Lock?

Who doesn’t love getting the best deal? We would say no one. Of course you want to save money on your monthly mortgage payment! The biggest factor to save you money on your home loan once you’ve selected where to…
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Who Pays for Closing Costs?

Post You already know that you’ll need some money saved up for a down payment for most loan programs. While you can minimize that to as low as 3.5% with FHA loans and down to 3% with some conventional loans, it’s…
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How an FHA 203(k) Loan Can Help You Buy a Home and Finance Renovations

Post Buying a fixer-upper, or a house that needs some renovations, can be a really rewarding experience. Not only do you get more house for your spend, but you’ll build a bond with it­ – literally. You’ll be investing your time…
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5 Things You Should Know About Non-Qualified Mortgages

Post You’re ready to start your home buying journey, but even the first step in the process can leave you questioning how you will finance your home purchase. If you’re planning to apply for a qualified mortgage with a W-2 job…
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Can You Get a Mortgage After Bankruptcy?

Post In Partnership With If you’re considering filing for bankruptcy or have already gone through the process, you’re probably wondering how this affects your ability to get a mortgage, and if you can even qualify for one at all. It can…
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