New FHA Loan Limits for 2021
New FHA loan limits were recently announced, which is good news for home buyers and those looking to refinance their current loans. If you're new to loan limits and not sure why this is exciting news, here is a quick primer:
When you apply for an FHA loan, there's a limit on how much you can...
Does Buying A House Help Raise Your Credit Score?
A solid credit score is necessary to get approved for a home loan. That's why we recommend against opening any new lines of credit or making large purchases on credit when applying for a home loan --these actions lower your score, resulting in getting denied a mortgage.
First-Time Home Buyers Must Avoid These Mistakes
There are many common mistakes first-time home buyers make. Some are minor, while others can end up being costly. Fortunately, several of these mistakes are avoidable. Please read and share this article with other first-time home buyers to help them spot these common errors before...
"How Long Does It Take To Purchase a Home?"
Everyone has a different path to homeownership. Items like the type of loan you get and deciding on a real estate agent affect your timeline. But generally speaking, it takes about 30 – 60 days from start to finish to buy a home.
Let's take a closer look at the homebuying timeline so that...
"Is a Home Equity Loan Right For Me"
One of the most valuable benefits of owning a home is building equity. Whenever you need a considerable amount of cash, you can get it by borrowing against your equity with a home equity loan. How you use the funds is up to you. Some choose to remodel the kitchen. Others need it to pay off...