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Category: First-Time Homebuyer

June 28, 2023

What is Home Equity and Why is it Important?

For the first time in over a decade more people are choosing to buy a home rather than rent.   An improving economy, low interest rates and rising costs of rent have all factored into this change; however, it can be argued that the real driver behind making home ownership the more attractive option is simply the fact that building home equity is a sound financial decision. 

May 23, 2023

Private Mortgage Insurance Myths Debunked – Why PMI Can Be Good

Despite fluctuations in the economy, home values continue to climb.  Reuters reported in June 2018 that U.S. housing prices are expected to rise at twice the speed of inflation and pay. But, what does this mean for renters who are trying to save for a down payment and are doing so at a much slower rate?

May 17, 2023

Pulling Back the Curtain on Mortgage Appraisals

Congratulations, you have found your dream home! You and your realtor have worked out all the details with the seller and have finally agreed to the purchase price. Now what?

May 11, 2023

Avoid These 10 Financial Mistakes

Are you in you ready to take control of your life? Sidestepping these 10 mistakes can move you closer to financial freedom.

April 22, 2023

Is a Home Inspection Necessary?

After months of looking, you finally found your dream home. It’s located in an area with a low crime rate, in one of the top school districts in the region, and to top it off - your move-in ready home is a few short miles from your employer. You’d move in next week if you could. But, before you rush…

April 17, 2023

What Closing Costs to Expect

You’re ready to buy a new home. You’ve agreed on a price, have a mortgage ready, and booked the movers. However, there is one final expense you’ll need to deal with before you can sign your paperwork, collect your keys, and move in. It’s called closing costs. Understanding what closing costs are and how much you’ll need to pay for them will help you budget for your new home.

March 28, 2023

4 Benefits of Homeownership You Can’t Afford to Ignore

By Chad Neiss - Vice President, Mortgage Lending You’ve been watching more than your fair share of home remodeling shows lately. And, who can blame you? With television networks devoted to backyard, kitchen, and whole home remodels, you can’t help but dream about life without the limitations that come with renting. But, it does make you wonder if homeownership is really…

March 23, 2023

How Much of Your Income Should Go Toward Housing

How Much of Your Income Should Go Toward Housing? If you’re ready to start house-hunting – or if you’re just looking to build a better budget – you need to know how much of your income should go toward housing.

Contact us and we’ll answer your questions.