Millennials, Mortgages & Homeownership It is no surprise that millennials, generation aged 18-34, make up more than 40% of homebuyers today. Follow these simple steps to join your peers on the path to home ownership. Don’t Wait Forever If you find yourself waiting for the perfect house, at a great price, and the lowest rate,… Read more »
If you’ve ever purchased a home, you know how stressful the process can be. What should be an exciting experience can quickly turn to panic, as the target closing date approaches. So, what can be done to prevent delays along your path to homeownership? Check out our list of tips and tricks below to meet (or beat!) your closing date. Get… Read more »
How to Get Rid of Mortgage Insurance So you want to break up with your monthly mortgage insurance—we don’t blame you! When you purchased your home, there’s a good chance you didn’t have 20% to put down, right? Mortgage insurance is a great option, in that it allows buyers to increase their purchasing power, but… Read more »
As home prices across the country continue to rise, the Federal Housing Finance Agency (FHFA) and the Federal Housing Administration (FHA) have announced increases in conforming loan limits for 2017. For the first time since 2006, the FHFA has increased the maximum loan limit for conventional loans through Fannie Mae and Freddie Mac from $417,000… Read more »
5 Reasons to Buy a Home in the Winter Baby, its cold outside—and its only going to get colder. Before you put your home search on hold for the next four months, check out these benefits of buying a home in the winter! 1. Less Competition During the winter months, there are less buyers shopping, and… Read more »
Refinance Your Home Without an Appraisal Soon, homeowners will be able to refinance their homes without an appraisal! Beginning December 10th 2016, Fannie Mae will offer an Enhanced Property Inspection Waiver (PIW) for ONE-IN-FOUR transactions. What is a Property Inspection Waiver? A Property Inspection Waiver is Fannie Mae’s offer to waive the requirement for an… Read more »
Home Improvements and How to Finance Them I don’t know what it is about the fall, but it seems to bring out the DIY-er in all of us. Instead of flocking to the beach or heading north for a quick getaway, everyone is spending their weekends at home improvement stores. If you’ve been contemplating a remodel of your… Read more »
Manufactured vs Modular Homes: What is the Difference? There has always been a great deal of confusion regarding what constitutes a manufactured home and what constitutes a modular home. A large portion stems from incorrect word usage, as many people use these terms interchangeably. However, these two types of homes are largely different and do not reference… Read more »
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