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Understanding Debt-to-Income Ratio

Understanding Debt-to-Income Ratio

Buying a house is a big deal, and there's some key phrases that you need to know. You can conquer the world of real estate once you understand a powerful weapon in your financial arsenal: the "debt-to-income ratio." Don't let the jargon scare you –

Sep 14, 2023 | Purchasing a Home

How to Avoid Private Mortgage Insurance (PMI)

How to Avoid Private Mortgage Insurance (PMI)

Imagine you're on the edge of diving into homeownership—super thrilled to claim a piece of the real estate pie. But wait a minute! There's a sneaky hurdle called Private Mortgage Insurance (PMI) lurking in the shadows. Buckle up, because we're about

Sep 12, 2023 | Purchasing a Home

Renting vs. Buying: The Great Housing Debate

Renting vs. Buying: The Great Housing Debate

Are you caught in the dilemma of choosing between renting a cozy apartment or leaping into the exciting world of homeownership? It's a big decision that countless individuals grapple with. Let's delve deeper into the wild ride of renting and buying to unr

Sep 07, 2023 | Purchasing a Home

How to Save for a Down Payment: 9 Tips for First-Time Homebuyers

How to Save for a Down Payment: 9 Tips for First-Time Homebuyers

Hey there, future homeowner! So, you're thinking about getting your very own place, right? You might be wondering, how do you actually save up for the down payment? Don't sweat it! We've got your back with some tips that'll make saving money a breeze. Let

Sep 05, 2023 | Purchasing a Home

The Benefits of Homeownership: Beyond Financial Gains

The Benefits of Homeownership: Beyond Financial Gains

The financial benefits of homeownership are well documented, but the value of owning a home extends far beyond monetary considerations. While private mortgage insurance (PMI)  and large down payments may be a concern for some buyers, the rewards of h

Aug 31, 2023 | Purchasing a Home

Get a Mortgage even if You Just Started a New Job

Get a Mortgage even if You Just Started a New Job

One of the things lenders look for in a good mortgage application is a minimum of two-years of solid work employment history. They want to have confidence that the borrower has a steady, reliable source of income to pay for the loan. Does this mean you ca

Aug 22, 2023 | Purchasing a Home