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Category: First-Time Homebuyer

May 10, 2022

Are Mortgage Points Worth It?

Whether you’re a first-time homebuyer or just haven’t gone through the process in a while, you may be wondering what mortgage points are and if paying for points is worth the cost.

April 12, 2022

How to Manage Your Move

Don’t get overwhelmed by your next move. Creating a moving plan and executing it in advance can save you time, money, and stress.

March 23, 2022

They Accepted Your Offer. Now What?

You’ve finally found the perfect home, put in an offer, and had your offer accepted. Congratulations, you’ve bought a new home! Almost.

November 08, 2021

Mortgage Closing Costs: What’s Included?

If you're in the market for a new home, it's easy to only focus on two figures: 1) the asking price and 2) the down payment. But there's another number you should factor into your home buying budget – mortgage closing costs.

October 15, 2021

Everything You Need to Know About a Construction Loan

Searching for the perfect home can be exhausting, especially when none of the online virtual tours come close to your design preferences or budgetary needs. Many home shoppers realize that getting their dream home might mean building their dream home.

September 27, 2021

Submitting a Mortgage Application Soon? Gather These Documents Now

If you're in the market for a new home, submitting a mortgage loan application should top your to-do list. Unless you plan on paying cash, you'll want to know upfront how much you qualify for and at what interest rate and terms. This could quickly help narrow your home search and ensure you find a loan that fits your budget. But if you don't have the documents ready to submit with your mortgage loan application, it could cause unnecessary delays.

July 07, 2021

How Do I Get Started Buying My First Home?

After careful thought and planning, you’ve decided to take the plunge into home ownership.  You have a pretty good idea in which area you want to buy and are about to start interviewing Realtors.  At this point, many first-time homebuyers pause and ask themselves, “What exactly is the first step I should take when buying a home?”  At ENB, we recommend setting up a meeting with a Mortgage Expert to discuss prequalification.

May 13, 2021

3 Things You Should Know About Escrow Accounts

Among the many new terms you'll learn when buying your first home, "escrow" is apt to be one of the most challenging to understand. This is often due to the fact that escrow functions differently depending on where you are in the home buying process. Here are three things you need to know about escrow accounts as you prepare for homeownership.

April 14, 2021

Should You Build or Buy Your Next Home?

More than half of Americans (56%) plan to move in 2021. That's up 21% from last year. The spike might be due to the pandemic's influence on the surge in remote work and the desire for a lower cost of living. Many people now work from home, and using the kitchen table or a small closet as an office isn't preferred as a long-term solution. A new home with office space and more square footage solves the problem, while also giving family members more space to enjoy their favorite leisure activities.

March 24, 2021

3 Things You Can’t Afford to Ignore During the Mortgage Process

A mortgage loan can turn the dream of homeownership into a reality. Completing a mortgage loan application, gaining loan approval, and closing on the loan are necessary steps before unlocking the door to your new home. But, the mortgage process is about much more than meeting these critical milestones.

Contact us and we’ll answer your questions.