FHA loans which are loans ensured by the federal housing administration oftentimes have gotten a bad rap, for the costs associated with them as well as the types of properties that will … [Read More…]
FHA mortgage
Should you take out an adjustable rate mortgage?
With interest rates as high as they are consumers want adjustable-rate mortgages for payment relief. If you’re thinking about an adjustable-rate mortgage versus a fixed-rate mortgage here are some things, you need … [Read More…]
How changing your preapproved amount may affect your home buying chances
So, you’re looking to purchase a house, you’re preapproved, and you’re on the home search. You and your realtor are going out on nights and weekends looking at homes and deciding if … [Read More…]
Should you buy a house or keep saving? The answer might surprise you
In order to buy a house successfully unless you’re a military veteran using VA financing you absolutely need a down payment. Down payment assistance programs, no money down programs that do exist … [Read More…]
How to spruce up your offer to buy a home
Let’s say if you are in the market to be buying a home in the current environment here some things you might want to be aware of with regards to acting on … [Read More…]
These mortgage scenarios will almost always mean paying discount points
Discount point are nothing more than upfront head you pay to purchase a lower interest rate and subsequently a lower monthly payment. In some case the you may not have a choice … [Read More…]
Here is the dicey reality of renting vs buying in Sonoma County
Whether you buy a home or rent a home you will still have a housing payment obligation to make each month. The unfortunate reality in Sonoma County, CA is that in many … [Read More…]
Here is the lowest credit score you need to get a mortgage
Contrary to what you may hear or read, your credit does not have to be stellar to get a mortgage. Most banks and lenders require at least a 640 credit score. However, … [Read More…]
