If you are in the market for a new home, you probably already know that getting a new mortgage for a First-Time Home Buyer can be a little overwhelming with all of the important details, guidelines and potential speed bumps. Yes, we know that there are plenty of rules to follow -- but here is a simple list of "Do's" and "Don'ts" to follow when shopping for a mortgage for the first time. … [Read more...]
How Much House Can I Afford?
How much mortgage money can I qualify to borrow? This is typically the number one question mortgage professionals are asked by new clients. Of critical importance when considering mortgage financing: There is sometimes a difference between what a client ***can*** borrow and what they ***should*** borrow. In other words, what makes for a comfortable long-term mortgage payment? The … [Read more...]