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Home Buyers

Advice and tips for home buyers including mortgage resources

Should You Pay Off Your Mortgage Early
Home Buyers

Should You Pay Off Your Mortgage Early

Paying off your mortgage early has its benefits and is an option worth exploring. Use our tips to find out whether it is the best course of action for you.

  • Hannah Erling
    Hannah Erling
  • Michael Strachan
    Michael Strachan
4 min read
Buying a Foreclosed Home
Home Buyers

Buying a Foreclosed Home

Buying a foreclosed property can be your secret to getting a great deal on a home. Find out how you can get started!

  • Hannah Erling
    Hannah Erling
4 min read
What is Seller Financing and How Can You Take Advantage of It?
Home Buyers

What is Seller Financing and How Can You Take Advantage of It?

Seller financing can help savvy real estate investors creatively finance their investments and work around the barriers that come with traditional financing

  • Erin Helle
    Erin Helle
3 min read
Should I Rent, or Should I Buy?
Home Buyers

Should I Rent, or Should I Buy?

So the time has come to start looking for a new home! The decision whether to rent or buy will differ from person to person, but regardless of what you do, your choice must be well informed.

  • Daniel Lavarte
    Daniel Lavarte
5 min read
The Importance of Housing Agencies For First-Time Home Buyers
Home Buyers

The Importance of Housing Agencies For First-Time Home Buyers

Many homebuyers are overlooking, or are simply unaware of, the home buying services at their disposal. HUD-approved organizations seem not to be widely talked about amongst people today, but they are there and should be utilized.

  • Richard Allen
    Richard Allen
3 min read
The Home Closing Process in the Era of COVID-19
Home Buyers

The Home Closing Process in the Era of COVID-19

How has the closing process changed and which changes are likely to stay? Let’s investigate this question and try to look into the crystal ball of completing home purchases in a socially distanced world.

  • Mark Dollard
    Mark Dollard
3 min read
Property Taxes Explained
Home Buyers

Property Taxes Explained

All property owners need to understand the property tax system and what they can do to mitigate their tax liability. Although many people don’t enjoy handling taxes, knowing how is important.

  • Richard Allen
    Richard Allen
3 min read
Discount Brokers
Home Buyers

Discount Brokers

Discount brokers can create a tricky situation for all parties involved. They receive a base salary and aren't always the most motivated to make successful transactions. What does this mean for you?

  • Jeffrey Marples
    Jeffrey Marples
2 min read
The Home Buying Process in 12 Steps
Home Buyers

The Home Buying Process in 12 Steps

Buying a home can be stressful. That's why you need this clear breakdown of the process of purchasing a home so you can understand every step along the way.

  • Richard Allen
    Richard Allen
6 min read
What Is a Home Equity Loan?
Home Buyers

What Is a Home Equity Loan?

A home equity loan is a way to leverage equity you've built in your home for cash. Learn about the pros and cons here.

  • Max Menzel
    Max Menzel
3 min read
Straight-Line and Mortgage-Style Amortization
Home Buyers

Straight-Line and Mortgage-Style Amortization

Mortgage amortization at a glance. A guide to the principal and interest payments for a home mortgage scheduled to be paid monthly or daily and how this impacts the total cost of a home.

  • Refugio Garcia
    Refugio Garcia
3 min read
What Is Private Mortgage Insurance (PMI)?
Home Buyers

What Is Private Mortgage Insurance (PMI)?

Private mortgage insurance (PMI) is a type of insurance required for certain mortgages. Continue reading to find out when it is required and how much it costs.

  • Max Menzel
    Max Menzel
3 min read
Why Loan to Value Ratio Is Important for Investors
Home Buyers

Why Loan to Value Ratio Is Important for Investors

Read here to learn more about mortgage investing and why the loan to value ratio is a significant factor in controlling investment risk.

  • Max Menzel
    Max Menzel
3 min read
Real Estate Debt and Derivatives
Home Buyers

Real Estate Debt and Derivatives

A complete guide to real estate derivatives, how they work as an investment tool, and how they played a role in the U.S. Housing Crisis.

  • Refugio Garcia
    Refugio Garcia
3 min read
Loan to Value Ratio Explained for Borrowers
Home Buyers

Loan to Value Ratio Explained for Borrowers

As a borrower, having a good loan to value ratio will set you up for financial success in the long run. Continue reading to understand why it's so important and how to calculate it.

  • Max Menzel
    Max Menzel
3 min read
What Are Fannie Mae & Freddie Mac?
Home Buyers

What Are Fannie Mae & Freddie Mac?

What are Fannie Mae and Freddie Mac, and how do they help homeowners? Find out how these programs work and why they're important.

  • Mariah Birnbaum
    Mariah Birnbaum
5 min read
Finding the Right Financing: Fixed-Rate and Adjustable-Rate Mortgages
Home Buyers

Finding the Right Financing: Fixed-Rate and Adjustable-Rate Mortgages

What's the difference between fixed-rate and adjustable-rate mortgages? Find the right home loan for you.

  • Refugio Garcia
    Refugio Garcia
3 min read
What Is a Balloon Mortgage?
Home Buyers

What Is a Balloon Mortgage?

A balloon mortgage does not fully amortize over the life of the loan, so borrowers should be prepared for when the final payment is due.

  • Rochelle Langam
    Rochelle Langam
2 min read
What Is a Jumbo Loan and How Can You Qualify?
Home Buyers

What Is a Jumbo Loan and How Can You Qualify?

Jumbo loans are high-balance loans that help you finance luxury or high-value properties.

  • Rochelle Langam
    Rochelle Langam
3 min read
What Is an FHA Loan and How Does It Work?
Home Buyers

What Is an FHA Loan and How Does It Work?

The FHA's home buying assistance program is popular with first-time home buyers and borrowers with less-than-perfect credit.

  • Rochelle Langam
    Rochelle Langam
5 min read
The Differences Between the 15- and 30-Year Fixed-Rate Mortgages
Home Buyers

The Differences Between the 15- and 30-Year Fixed-Rate Mortgages

Borrowers can choose from a variety of mortgage types, but the most common are the 15- and 30-year fixed-rate mortgages.

  • Rochelle Langam
    Rochelle Langam
4 min read
What Do Millennials Want in a Home?
Home Buyers

What Do Millennials Want in a Home?

The National Association of Home Builders analyzed research studies on what millennials look for in a home. Here's what we learned!

  • Rochelle Langam
    Rochelle Langam
4 min read
On the Fence: Deciding Between Affordability or School District
Home Buyers

On the Fence: Deciding Between Affordability or School District

Some home buyers are willing to pay top dollar for the best school district. Here are some of the benefits of selecting a home based on school performance.

  • Rochelle Langam
    Rochelle Langam
4 min read
Why Every Buyer Needs a Home Inspection
Home Buyers

Why Every Buyer Needs a Home Inspection

The home inspection is a critical step that shouldn't be skipped. We discuss what every buyer and seller needs to know to minimize unwelcome surprises.

  • Rochelle Langam
    Rochelle Langam
5 min read
Pre-Approval vs. Pre-Qualification: Which Should You Get?
Home Buyers

Pre-Approval vs. Pre-Qualification: Which Should You Get?

Though used interchangeably, mortgage pre-qualification and mortgage pre-approval are not the same. Here's what you should know.

  • Rochelle Langam
    Rochelle Langam
3 min read
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