New Home

Jumbo Loan Requirements: How You Qualify for a Mortgage

Jumbo loan qualifications aren’t the same as traditional mortgages when it comes to things like credit scores and down payments. So, if you’re in the market to buy a home, here’s what you need to know about jumbo loan requirements before you start the application process. Jumbo Loan Requirement: Who qualifies? In a nutshell, a […]

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5 Questions to Ask Before Buying a Vacation Home

Forget cruises, road trips, or multi-destination vacations — there’s only one getaway spot your heart yearns for: a second home. Whether you’ve been visiting the same special place for years and years or you can’t get last summer’s vacay off your mind, buying a vacation home could be an investment worth considering. Owning a vacation […]

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Home Shopping? Don’t Let These 10 Common Myths Bust Your Search

Whether you’re in the market to buy your first home or you’ve been around the block a time or two, chances are you might still feel a little unsure about how to really nail the process. Nobody teaches you how to navigate what is likely one of the biggest purchases of your life, and this […]

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Jumbo Loan Limits 2020 – 2021: What You Need to Know

Mortgages aren’t one-size-fits-all. For instance, a jumbo loan could fit you like a glove if you’re buying a more expensive home and need to borrow more than the conforming loan limits allow. So, if you’re looking at an upscale property or simply one in an area of the country where the cost of living is […]

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Conforming Loan Limits: What You Need to Know

Mortgages come in a variety of kinds with numerous features. And that abundance of choice — fixed-rate, adjustable-rate, 15-year, 30-year, jumbo — can leave many homebuyers with spinning heads. But one option — a conforming loan — can be particularly attractive because of its more generous borrowing requirements and loan limits. Whether you’re a first-time […]

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Let’s Talk: What Is Redlining and How Does It Affect the Homeownership Gap Today?

Even as various individuals, organizations, and initiatives work to reduce the homeownership gap, the facts are still staggering. At the start of 2020, 73.7 percent of white households owned their homes — a vast difference from the 44 percent of Black households, 48.9 percent of Hispanic households, and 55.9 percent of other racial minority households […]

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How Much House Can You Really Afford?

You’ve made a huge decision: You’re going to purchase a house. But while you’ve been diligently setting money aside for the down payment, you still don’t know the answer to one of the most important home-buying questions: How much can you afford to put toward a monthly house payment? When taking this exciting step, it’s […]

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Going for a Mortgage? Here Are the Home Loan Documents You Might Need

Too bad buying a house isn’t as easy as looking at home décor inspiration online. Not only do you need to find the perfect digs, you have to figure out how you’re going to pay for it. Depending on your current situation, you may decide to get a mortgage. When you apply for a home […]

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6 Numbers Every First-time Homebuyer Should Know

Whether it’s coming from your parents, a real-estate agent, or a list you found on the internet, everyone has advice for first-time homebuyers. From money-saving tips to house-hunting tricks, it’s easy to get overwhelmed by all the information out there. So, we’ve boiled down six essential pieces of financial advice to help make your homebuying […]

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What Is an Adjustable-Rate Mortgage?

When you’re buying a home, you probably aren’t thinking much about how soon you’ll move out. But knowing if it’s possible you’ll move away, upgrade, or downsize within the next 10 years can be important when deciding on which type of mortgage is best for you. That’s because certain mortgages, like an adjustable-rate mortgage, can […]

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