Whether you are a first time homebuyer or are looking to purchase an investment property, it can be difficult to figure out which loan option will provide the best outcome in the long run. VA and conventional loans are two of the most widely known mortgage options – so how can you determine which is … Read more
For any home buyer, navigating the mortgage loan process can often be difficult, but it doesn’t have to be. The first step is learning about each option and deciding which is right for you. Jumbo and conventional loans are two types of mortgage financing options that buyers frequently use. We’ve created this guide to define … Read more
A high-balance loan — also referred to as a conforming high-balance loan or a super-conforming loan — is given to home buyers in high-income areas. It exceeds national conventional loan limits but meets local loan limits. Unlike jumbo loans, high-balance loans are backed by Fannie Mae and Freddie Mac. High-balance loans vary by county, and … Read more
How much is a down payment for a house? If you’ve dipped any toes into the water of homeownership, you have probably asked yourself this question. Making a down payment on a home is an important step, but it can also seem like one of the biggest hurdles in the journey towards buying a home. But … Read more
Buying a first house is an exciting and nerve-wracking process. Not only are you picking the place to call home for life’s next chapter, but it’s also one of the biggest and most financially burdensome undertakings most people experience. Very few individuals or families have the money to purchase a house or condominium outright, which … Read more
In recent years, homeowners have been exploring innovative financial solutions to navigate the maze of high-interest debts that can often seem overwhelming. One strategy that has gained traction is utilizing a debt consolidation mortgage refinance, specifically through a cash-out refinance to pay off debt. This guide sheds light on how cash-out refinancing for debt consolidation can be a game-changer … Read more
There’s a lot to consider when it comes to financing a home — from managing your credit score and debt-to-income ratio, to looming expenses and exploring different mortgage options. In Florida, the possibilities are even more extensive. Prospective homebuyers have their choice of lively urban centers, remote rural communities and everything in between. Because it’s … Read more
Is a 20% down payment necessary to buy a home? We answer this question often for clients who are anxious about coming up with tens of thousands of dollars — especially in rocky economic times. The truth is, even in a competitive real estate market, a 20% down payment isn’t imperative to secure a home. In … Read more
In recent years, Florida has become the place to live, deservedly earning a reputation as the most popular state to move to. If you’re thinking about packing up and relocating to the Sunshine State yourself, an FHA loan could be a great option to finance your new home amongst the palm trees. In this blog post, we’ve got … Read more
With such a wide array of existing loan options, it is crucial that home buyers understand which products and programs will work best for them. FHA loans and conventional loans are two of the most common options for homebuyers – but what’s the difference? Whether you are just starting out your research or are nearing … Read more
