Tag Archive for: home buying

USDA Loans: Qualifications, Benefits, and Requirements for Homebuyers

The concept of rural living might have crossed your mind for various reasons. It could be the desire to find a home away from the hustle and bustle of the city, escaping noisy neighbors while embracing nature. Alternatively, you might be considering an unconventional path to broaden your options in the search for a new home.Read More

Cash Reserves After Closing – How Important Are They? Inflation…Or Not

Four of our borrowers starved to death shortly after moving into their homes last year. This is because our poor borrowers had no money to buy food because most loan […]Read More

Getting A Jumbo Loan With A Low Credit Score

Jumbo financing refers to when a property's loan amount exceeds the county loan limits set by Fannie Mae and Freddie Mac. Compared to other types of mortgage financing, jumbo guidelines are far more stringent and nuanced when it comes to income, assets, and credit. Often you can get much more competitive rates with these products, however, it can be much harder to qualify for.Read More

Listing Agents Speak! (About Representing BOTH Buyers & Sellers/Dual Agency)

On Friday, I blogged about Buyers Working Directly with Listing Agents Instead of Using a Buyers Agent, and I received a surprising amount of feedback. What was even more surprising […]Read More

Understanding Your Credit Score And How To Improve It

There are many components to your individual financial profile that lenders assess when examining a mortgage application. One of the most important is your credit score. A question for many first-time homebuyers is, what is a good credit score? And how can you improve it?Read More