Get a Good Credit Score When Buying a Home Are you wondering what a good credit score for buying a house is? A healthy credit score is a vital factor when buying a house. A good credit score can mean the difference between getting the most favorable interest rate and terms from a mortgage lender. With a better score, you will pay less for the home you purchased. Potential buyers need to remember that the actual cost of owning a home is directly tied to the mortgage terms you receive. Many pro...| Maximum Real Estate Exposure
When buying your first house, understanding pre-approval for a mortgage becomes essential. Many first-time buyers will seek knowledge on how to get pre-approved for a mortgage. Some will hear mortgage pre-qualification vs. pre-approval and wonder if there is a difference. There has been some confusion among those looking to buy a home and qualify for a mortgage loan regarding the difference between a pre-approval and a pre-qualification letter. Indeed, they sound similar, so hearing these ter...| Maximum Real Estate Exposure
11 Financing Programs for First-Time Home Buyers Are you looking to find a first-time home buyers program? A first-time home-buying loan is something that many folks ask both real estate agents and mortgage brokers about. It's an excellent question to ask as there are numerous first-time home buyers programs to consider. Understanding how to get a mortgage is one of the first steps to homeownership. The improvement in recent years of the real estate market has benefited many people, from buye...| Maximum Real Estate Exposure
Are you wondering what an FHA loan is and how it works? Over my thirty-eight years as a real estate agent, many clients have asked me about FHA loans and whether they would be a good mortgage choice. FHA mortgage loans are a staple for many homebuyers. When considering buying a house, you will want to find the best mortgage. For many buyers – especially first-time homebuyers – the best mortgage option is an FHA or Federal Housing Administration loan. FHA loans tend to be available to borr...| Maximum Real Estate Exposure