Do you Need Perfect Credit to Buy a House?
It’s a common myth that you need perfect credit to buy a house. The truth is you don’t. You can buy a home with an average or sometimes even a low credit score. Of course, an excellent credit score…
FHA Mortgage VS Conventional Loans
When it comes to buying a home, there are two main types of mortgages to consider: FHA mortgages and conventional mortgages. Here are some key differences between these two mortgage types to help you decide which one is right for…
Top 7 Common Mortgage Myths Debunked
As a mortgage broker, we've heard it all when it comes to mortgage misconceptions. From outdated assumptions to outright myths, these misconceptions can prevent potential homeowners from taking the first step towards fulfilling their dream of homeownership. That's why we…
Is it Possible to Buy a House with Credit Card Debt?
Credit card usage increased by 15% in the third quarter of 2022 versus the same time the previous year. With costs up and income down, it’s no wonder many people rely on credit cards regularly. But does having credit card…
How Does the Mortgage Process Work?
When you’re thinking about buying a home, you’ll most likely will need financing. Understanding how the mortgage process works and what you must do to get approved can make the home-buying process much less stressful. Here’s how the mortgage process…
7 Things Not to do During the Mortgage Application Process
Applying for a mortgage is a big deal, and the lenders want you to take it seriously. In addition, once you apply for a mortgage, you must keep your credit, income, and assets status quo. Any changes could risk…
FHA Loans aren’t just for First-Time Homebuyers
FHA loans have a reputation for being only for first-time homebuyers, but they could be a solution for almost any homebuyer. If you don’t have ‘great’ credit or your debt-to-income ratio is higher than conventional loans allow, an FHA loan…
You Don’t Need a 20% Down Payment
You’ve likely heard that buying a home requires a 20% down payment. But that’s not always the case; actually, it’s rarely the case. Is a 20% down payment nice? Absolutely. But can you buy a home without 20% down? Most…
Confused About What’s Going on in the Housing Market? Lean on a Professional.
If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real…
Financial Fundamentals for First-Time Homebuyers
Are you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are just a few of the financial fundamentals you’ll need to…
