Looking to avoid common mistakes when refinancing? Well, you’ve come to the right place. Here are 10 refinance HACKS that will save you time, money and a lot of headaches when you’re in Escrow. 1) Don’t open any new lines of credit while you’re in escrow and refinancing. Don’t apply for any new loans, …
So you’re thinking about buying a home but not sure if it’s the right time? Here are some signs that it might be a sound financial decision to buy. 1) You’ve had a job for 2+ years. If you’re looking to get a home loan to purchase a property, then it’s a good idea to …
If the mortgage lender allows for it, using an escrow hold back can potentially save a transaction in the event that repairs are needed on the subject property.
Understanding how FHA gift funds can be used, can help clear up confusion for those purchasing properties with an FHA loan.
Understanding what an earnest money deposit is essential for anyone looking to purchase a property.
So whenever someone is purchasing a property, a bank is almost always going to require some sort of down-payment.
The FHA down payment assistance program is intended for first time home buyers, who make enough income to qualify for a home loan but for some reason or another just don’t have the down payment needed to buy it.