first time homebuyer

Freddie and Fannie Who?! 13 Mortgage Terms You’ve Heard and May Not Understand

The mortgage process can be pretty overwhelming — especially if it's your first time around the block. In fact, according to a recent study from credit bureau TransUnion, a whopping 34% of first-time homebuyers aren't familiar with a single mortgage financing option whatsoever. Another two-thirds of first-timers don't know who Fannie Mae and Freddie [...]

By |2020-01-08T10:37:29-05:00January 8th, 2020|Categories: Education, Mortgage|Tags: , , |

Toolbox Must-Haves for New Homeowners

The prospect of being a new homeowner — particularly a first-time homeowner — is exhilarating. Finally free of your landlord, you have the chance to personalize your new abode. Of course, without a landlord, you also have the added responsibility of managing the upkeep of your new home. And, as any experienced homeowner will [...]

By |2019-11-04T10:36:41-05:00November 4th, 2019|Categories: Home, Maintenance, Misc|Tags: , |

Moving from Renter to Homeowner? 3 Ways to Make the Transition Easier

So you’re finally making the leap. You’re getting out of the rent race, buying a house, and moving onward and upward. Congrats! Buying a home is a really big deal. It usually means more space, more freedom with your design and decor decisions, and more pride in your property.  But let’s not kid ourselves: [...]

By |2019-09-10T16:43:26-04:00September 11th, 2019|Categories: Home, Mortgage, Purchase|Tags: , |

New Homebuyers Are Flocking to FHA Loans — Here’s Why

New home sales are on the rise, and many of those purchases? They’re being made with FHA loans. According to a recent analysis from the National Association of Home Builders, almost 18 percent of all new home sales were purchased with FHA mortgages last quarter — or about 32,000 home sales nationwide. That’s a [...]

By |2019-08-20T16:28:15-04:00August 21st, 2019|Categories: Mortgage, Purchase|Tags: , , |

Are You Ready to Be a Homeowner? 6 Questions to Ask Yourself

So you’re tired of the rent race. You’re sick of throwing money into the proverbial hole, and you want to start paying your own mortgage — not your landlord’s. But are you really ready? You see, there’s more to owning a home than just making a mortgage payment. Buying a house means constant repairs [...]

By |2020-01-16T10:36:25-05:00July 22nd, 2019|Categories: Mortgage, Purchase|Tags: , |

Gen Z: Use These Savings Tips to Buy a Home Sooner

It appears that Generation Zers are looking to fast-track their homeownership goals. According to a recent study, nearly 60% of 18 to 23 year-olds want to buy a home in the next five years. And another 52%? They’ve already started saving up for it. Are you one of these go-get-em Gen Zers with dreams of [...]

By |2019-06-24T17:17:43-04:00May 21st, 2019|Categories: Financial, Purchase|Tags: , , , |

First-Time Homebuyers, Don’t Skip This Super Important Step

Working with a great real estate agent, getting pre-approved for your mortgage, and organizing your financial documentation early are all important — and well-known — steps for first-time homebuyers. But there’s also a lesser-known must-do for first-timers that’s not as highly publicized: seeing your potential home at all hours. You see, touring a property [...]

By |2019-08-26T23:07:50-04:00April 12th, 2019|Categories: Advice, Purchase|Tags: , , |

First-Time Homebuyer? Leverage Your Tax Refund to Help

It’s tax season, and you know what that means: a hefty refund could be just around the corner. What will you use it on? A shopping spree? A much-needed vacation? New clothes or shoes? If buying a home is anywhere on your radar, you might want to think again. Earmarking that refund for your [...]

By |2019-08-26T23:06:43-04:00February 13th, 2019|Categories: Financial|Tags: , , , |