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How To Avoid Being House Poor

Since buying a home is one of the biggest financial investments most people ever make, if you're are not careful, you can get in over your head. This can result in a status of being “house poor,” or s Dec 20, 2022

How to Qualify for a Jumbo VA Loan

If you are buying a home that is priced significantly above the region’s average, traditional loans may not be able to cover the size of your purchase. In this case you’ll need a jumbo loan. And if yo Dec 15, 2022

How to Buy a Home in Today’s High-Priced Market Without a Six-Figure Income

According to a recent report from Redfin, as of October 2022, in order to afford a “typical home” with the median monthly mortgage payment of $2,682, a buyer would need to earn at least $107,281 to be Dec 13, 2022

Understanding Non-Owner-Occupied Mortgages

If you are venturing into the world of rental properties, it's time to learn the ins and outs of non-owner-occupied mortgages. This is a special type of home loan for a property you buy but do not int Dec 08, 2022

The Ultimate Mortgage Pre-Approval Document Checklist

If you’re ready to buy a home, before you even start going to see properties, it is a good idea to obtain a preapproval letter from your mortgage lender. Especially in a competitive housing market, se Dec 06, 2022

There are Lots of Reasons to Refinance Your Home

With interest rates doubling in the past year, you may think that it’s no longer a good time to refinance your mortgage. However, the truth is there may be some circumstances that make now a perfect t Dec 01, 2022