Home loans are like cars. There are lots of different kinds available, each with its own perks that attract certain buyers. Listed below are some of the top benefits of USDA loans and how they can help you on your journey to becoming a homeowner. USDA No Down Payment Option The most attractive benefit of […]
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The focus of #MortgageUpdated is to be a source of material that can used by everyone. For example, real estate agents can find useful tips on improving their marketing, staying up to date with social media changes, and developing a plan to set themselves apart from their competition.
In addition, mortgage lenders can stay up to date with changes in mortgage rules, learn about new programs and find out how peers are creating a lasting impression on their clients.
Lastly, people who are buying or selling a home are the most important part of our focus. We want to educate our clients, and the clients of our peers, so that they can enter in to a real estate transaction armed with the best knowledge for their situation.
Things that really matter to first time home buyers such as getting formal representation to buy a home, why getting pre-approved is the best first step and how to decide on a place with the right frame of mind are just a few examples of the topics covered.
Look over these steps to prepare your home for an appraisal and help the appraiser view your property in a more favorable light.
The VA mortgage has some wonderful benefits along with a few obstacles that borrowers need to understand. Learn the pros and cons of the VA loan and make a good, educated decision about your home purchase.
The FHA 203k loan is a good way to buy a home and also get the extra money that can be used for renovations, repairs or both. There are good points and bad points to the loan and all of these should be considered before making a decision to purchase a property.
The title seems misleading, right? Every mortgage lender goes to great lengths to explain to real estate agents and borrowers how mortgage insurance is necessary, how to calculate the amounts and when the mortgage insurance will likely fall off the mortgage. However, how does PMI benefit the actual home buyer?
Rather than provide their kids or grandkids with a check as a down payment on a home, some people choose to offer a gift of equity on an existing home.
The following will compare an FHA loan vs Conventional mortgage, not to show that one is better than the other, but to highlight the strengths of each mortgage.
In order to offer a guarantee on the VA home loan, the Veterans department wants to take every step possible to make sure that the home is worth the asking price and that the property is suitable for living. The inspection is the actual visit of a qualified appraiser who then makes a report about […]
Real estate agents and mortgage lenders all agree that a home inspection is a good idea for a new purchase. Check out these home inspection tips for buyers!