by Candace Ellington | May 15, 2024 | Mortgage News
Thinking about saving up for a house and feeling a bit lost? No worries, we've got tips on how to hit your down payment target and get you one step closer to home sweet home. Key Takeaways Different loans have varying down payment requirements, from zero for USDA and...
by Candace Ellington | Feb 21, 2024 | Mortgage News
When purchasing a home, one important step that homebuyers often overlook or delay is getting preapproved for a mortgage. Mortgage preapproval is a service provided by lenders that offers homebuyers a comprehensive understanding of their borrowing capacity, giving...
by Candace Ellington | May 10, 2021 | Mortgage News
A new tax credit of up to $15,000 for first-time home buyers is being proposed by the Biden Administration. A tax credit, unlike a deduction, decreases the total tax bill rather than lowering your taxable income. For example, if you owed $20,000 in income taxes and...
by Candace Ellington | Jun 21, 2019 | Mortgage News
Many would-be homebuyers put off buying much longer than they have to because they think their credit score is too low, or they don’t have enough money saved for a down payment. But did you know that lower credit scores and a low down payment don’t automatically mean...
by Candace Ellington | Apr 2, 2019 | Mortgage News
As you begin your journey to the home-buying process, you’ll learn very quickly that your credit score plays a huge role in determining your buying power. Not only does your credit determine if you can get a loan, but it determines your interest rate if you do. A...
