From student loan debt, saving for a down payment and building mortgage-ready credit, it’s clear first-time homebuyers face different hurdles when it comes to buying a home. Here are some of the best options for home financing when preparing to buy your first home. FHA The FHA is the largest insurer on mortgages in the…
Month: November 2015
First-Time Homeowner Checklist: What You Need to Do Before Moving In
Congratulations on your new home purchase! Before diving in to the fun parts of being a first-time homeowner, there are several maintenance items you should take care of after closing on your home and before moving in. Here’s a checklist of what items you should tackle before you make your new house your home. Looking…
10 Budget-Friendly Home Improvements for the First-Time Homeowner
So you just bought a house; congratulations! Making your home yours is where the real fun begins, but when you’ve just purchased a home you may find yourself on a tight budget when it comes to home improvements. Here are some cost-effective but aesthetically-pleasing home improvements you can do on a budget.
Determining Home Affordability: How to Use Our Mortgage Calculators
First-time and repeat homebuyers often share a common question when it comes to purchasing a home: how much can I afford?
9 Ways to Use Shiplap in Your Home Design
If you’re a fan of any home improvement television shows, you’ve probably noticed the trend of using traditional building elements to enhance a home’s character. Whether you’re living in a newly built home or a fixer upper, shiplap is a great material to transform boring walls, ceilings, built-ins, and more into pieces of architectural interest.
Mortgage 101: Should I Pay Down Debt or Save For a Down Payment?
Many potential homebuyers cite existing debt or saving funds for a down payment as hurdles in their homebuying journey. But what if you have existing debt and a low balance in your savings account? Where do you start? The truth is, it depends. What You Need to Know About Down Payment Requirements Contrary to popular…