Real Trends

SEPTEMBER 15, 2023

Our way of honoring first responders is by educating our podcast listeners, readers and coaching clients in the real estate industry about how to help those who helped all of us and are still being of service every day. One of the best ways to help first responders is to be of service yourself, as a professional real estate advisor.

VA loan 82

VA loan Loans Mortgages Closing costs 82

Lab Coat Agents

FEBRUARY 7, 2023

Are you in the market to buy your first home? If so, there are a few things you’ll need to keep in mind. This blog post will outline some of the critical factors you need to consider when making such a necessary purchase. Size matters: Make sure to pick a home that is the right size for you.

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FHA loan VA loan Pre-approval Fixed-rate mortgage 96

Realty Biz

SEPTEMBER 30, 2023

Mortgages with Low Credit Scores Mortgages with low credit scores can appear challenging, but there are options available. Understanding how a low credit score affects your mortgage and exploring government-backed programs can help you navigate the process. Can you buy a house with bad credit?

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Finance Debt-to-income ratio FHA loan Mortgages 98

Marco Santarelli

APRIL 24, 2024

Mortgage rates , a crucial factor impacting your monthly payments, can add another layer of complexity. This year, rates have been on an upward climb, exceeding 7% for a 30-year fixed mortgage. This increase can significantly affect how much house you can afford. So, what's the smart move?

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Pre-approval Mortgages FHA loan Fixed-rate mortgage 52

Rent, Buy & Sell

FEBRUARY 7, 2021

Great credit allows people to get the best interest rates on various types of loans. Bad credit is usually the result of late bill payments, bankruptcy, foreclosure and loan defaults. Rebuilding your credit score can be a time-consuming affair and just because you have bad credit doesn’t mean you can’t buy a home.

Loans 98

Loans VA loan FHA loan Hard money loan 98

Point2Homes

DECEMBER 15, 2021

There are many types of mortgages for homebuyers to consider in the U.S. Assumable mortgages aren’t as common as others, but they can offer a wealth of benefits in the right circumstances. What Is an Assumable Mortgage? How Does an Assumable Mortgage Work? Are All Mortgage Types Assumable? Let’s find out more.

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Debt-to-income ratio VA loan Mortgages FHA loan 109

Point2Homes

MAY 21, 2021

Buying a home might seem simple, but there’s actually a lot more involved than you might initially think. And, while you might be tempted to rush through the process as quickly as possible, cutting corners could be financially detrimental in the long run. Fortunately, there are quite a few options to help you purchase your first home.

Loans 144

Loans VA loan FHA loan Renovation 144

Marco Santarelli

OCTOBER 14, 2023

Buying a home is a major life milestone, and it can be especially daunting for first-time homebuyers. The down payment, closing costs, and monthly mortgage payments can all add up to a lot of money. But don't worry, there are a number of government programs that can help first-time homebuyers make the dream of homeownership a reality.

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VA loan FHA loan Loans Closing costs 52

Marco Santarelli

OCTOBER 6, 2023

To buy a house with no money down, you typically need a credit score of at least 620. However, certain programs like FHA loans and VA loans allow for lower credit scores. FHA loans can accept a credit score as low as 500 with a higher down payment, while VA loans often require a credit score of 580.

VA loan 52

VA loan FHA loan Pre-qualification Debt-to-income ratio 52

Realty Biz

JULY 20, 2022

Saving for a down payment was always difficult for first-time buyers, but the recent increase in home prices has made things much more challenging. For some buyers, there might even be a no down payment home loan available. You’ll be surprised to know the average down payment on a house is much lower than you think.

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Loans FHA loan VA loan Equity 130

Easy Agent Pro

SEPTEMBER 24, 2020

Census Bureau reckons that there are nearly 19 million veterans in the United States. In fiscal year 2019, the VA guaranteed 624,544 home loans. So, out of nearly 20 million American military homebuyers who may be eligible for the VA-backed mortgage, only 3.12% applied and were qualified. Not so with a VA loan.

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VA loan Loans Agents Closing costs 84

Realty Biz

MAY 28, 2022

The stage of buying a home when you need to obtain some help with funding can be a hair-pulling experience, or it can be as easy as pie. It all depends on how you approach the process. There is no point in applying for a mortgage in Brazil if you plan to live in the United States.

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Mortgages VA loan Fixed-rate mortgage Bankruptcy 94

Redfin

OCTOBER 27, 2020

This can be especially true for veterans, who have likely spent years traveling between bases, and are looking for a place to finally call their own. If you’re a veteran or active military personnel and you’re starting the quest for your new home, be sure to first consider these seven important home buying tips.

VA loan 64

VA loan FHA loan Closing costs Loans 64

Realtor.com

DECEMBER 20, 2021

This money is crucial to snagging a mortgage and getting that much closer to homeownership. But when you’re shelling out for hefty rent each month, paying for utilities, and chipping away at a stack of bills on top of that, it can seem impossible to save up for a down payment on a house. for an FHA loan. Ask your agent.

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Pre-approval Loans Loan Officer VA loan 137

Realty Biz

JUNE 15, 2022

If you recently shared with friends or family that you’re ready to buy your first home, you have no doubt been offered plenty of well-intentioned bits of advice about the process. Here are some common misconceptions first-time home buyers may have and the real facts behind them. Department of Veterans Affairs (VA) loan.

Debt-to-income ratio 97

Debt-to-income ratio VA loan Fixed-rate mortgage Loans 97

HomeLight

JULY 31, 2022

Particularly after receiving a Permanent Change of Station (PCS) order , you may feel pressure to sell your house as quickly as possible so that your relocation can go smoothly. Here are some options for pulling a successful sale, regardless of where you stand on your mortgage. Check your equity to get started.

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VA loan Purchase and sale agreement Short sale Pre-approval 71

Realtor.com

DECEMBER 14, 2022

Getty Images / Realtor.com When it comes to making the largest purchase of their lives, most homebuyers would prefer to play it safe in choosing a loan. That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. These 15-, 20-, and 30-year mortgages aren’t exciting.

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Fixed-rate mortgage Mortgages Loans VA loan 102

Realty Biz

DECEMBER 12, 2022

There are several things to consider when it comes to getting a mortgage. As a first-time home buyer, educating yourself on the process is essential to make things go as smoothly as possible. Most home buyers want to get the best mortgage rates and terms. What is a Mortgage? What to Know When Getting a Home Loan.

Debt-to-income ratio 89

Debt-to-income ratio Mortgages Pre-approval Pre-qualification 89

Realtor.com

DECEMBER 14, 2022

Getty Images / Realtor.com When it comes to making the largest purchase of their lives, most homebuyers would prefer to play it safe in choosing a loan. That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. These 15-, 20-, and 30-year mortgages aren’t exciting.

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Fixed-rate mortgage Mortgages Loans VA loan 99

Real Trends

OCTOBER 23, 2022

Buying a home for the first time can be daunting, especially with how the market has been over the past few years. Rising interest rates and softening prices can create even more doubt for first-time homebuyers. First-time homebuyers’ extra jitters during today’s market. First-time homebuyers biggest fears.

VA loan 67

VA loan Pre-approval Fixed-rate mortgage Loans 67

Louisville Homes

MAY 3, 2021

Sometimes you find your dream home and can afford it. However, in most cases, your dream home is more expensive than you thought. A smart first time homebuyer has an expert Realtor on their team to help them through the process. That’s where first-time homebuyer programs come into the picture. HomeReady Mortgage.

FHA loan 52

FHA loan VA loan Loans Finance 52

HomeLight

AUGUST 16, 2021

The first time you do something is always the hardest, and buying a house is definitely no different. First-time homebuyer loans can help make it easier on first-time homebuyers , offering access to special mortgage programs with low down payments. Step 1: Make sure you qualify. Sound great?

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Loans VA loan FHA loan Purchase and sale agreement 98

Norada Real Estate

MAY 3, 2023

Real estate loans are a crucial part of the real estate industry, providing investors with the necessary funds to purchase, renovate, or refinance properties. From conventional loans to government-backed FHA and VA loans, there are various types of real estate loans available in the market.

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Loans VA loan FHA loan Hard money loan 52

HomeLight

OCTOBER 15, 2020

Finally, you’re ready to buy that dream home and tackle this whole mortgage thing once and for all. It’s all so overwhelming that you just wish someone would come over to your home, brew you a hot cup of tea, and walk you through it all step-by-step. Here’s what you need to know. What’s a conventional loan?

Loans 96

Loans FHA loan Debt-to-income ratio VA loan 96

Realty Biz

FEBRUARY 1, 2024

When buying or selling real estate, it seems there are always some nuances you need to understand. I will give you an easy-to-understand explanation from my experience as a Realtor who has dealt with them on many occasions. One of them is a credit from the seller to a buyer. A credit in home sales can be given for several reasons.

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Purchase and sale agreement Closing costs VA loan FHA loan 80

RIS Media

OCTOBER 29, 2020

When taking on any new project, the more you know and understand, the better things are likely to go. The same is true when buying a home for the first time. With our first-time buyer tips, you should be able to avoid many of the problems that can prevent your purchase from going well. Getting Prepared. Down Payment.

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Pre-approval FHA loan Inspection Closing costs 140

C4D Crew

JANUARY 13, 2022

Buying a house is one of the most exciting steps you can take. The good news is after you’ve purchased your first home, buying your second home is easy. You’ve come to the right place. This article will break down the home buying process from loan to close. . Before the Loan. Getting a Loan.

Loans 52

Loans Closing Pre-approval VA loan 52

HomeLight

SEPTEMBER 21, 2020

Raise your weary hand if this military move sounds like you: You’ve only just settled into a well-regarded community and a house you love when you receive cross-country PCS (Permanent Change of Station) orders. Make a decision: How will you sell this house? Make a decision: How will you sell this house?

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VA loan Purchase and sale agreement Loans Pre-approval 109

HomeLight

DECEMBER 30, 2021

Determining where you should buy and what house you can afford are important early steps, but it’s all hypothetical until you sit down with a lender and start talking real numbers. Unless you’re paying cash for your new home, you’ll need a mortgage loan. Who is considered a first-time buyer?

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Loans FHA loan Debt-to-income ratio VA loan 91

HomeLight

MAY 26, 2021

For first-time homebuyers, the down payment is often the biggest barrier to homeownership. But even if you pinch pennies, it’s often not enough to save up for a home. She also conducts monthly webinars for first-time homebuyers with the New Jersey Housing and Mortgage Finance Agency and the Puerto Rican Action Board.

Debt-to-income ratio 93

Debt-to-income ratio Closing costs VA loan Loans 93

HomeLight

AUGUST 26, 2020

Picture this: You’ve been in your home for a few months, and lately, it seems like you’re getting more and more junk mail encouraging you to refinance your mortgage. And it seems like it might be a good deal, so you do a little research into what you need to do. The main reason to refinance your mortgage.

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Fixed-rate mortgage Equity Loans VA loan 143

Realtor.com

FEBRUARY 11, 2021

courtneyk / Getty Images If you’re hoping to buy a house with your significant other, it can be easy to get caught up in the fun stuff, like deciding the style of home you’d love (Victorian, midcentury modern, Cape Cod?) How much debt do you have?

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Debt-to-income ratio Purchase and sale agreement FHA loan Tenancy in common 132

HomeLight

AUGUST 31, 2021

Every time a new friend posts their recently purchased dream home on social media, you feel a pang of undeniable envy. How much do you need? How are you even supposed to figure that out? A down payment calculator might be your new best friend. What’s a down payment, and why do you need one? Let’s jump in!

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FHA loan VA loan Loans Loan Officer 99

Norada Real Estate

JUNE 22, 2022

Among them, non-recourse loans, hard money loans, and private loans are the most popular. In a conventional mortgage, the down payment is the smallest and the rate of interest is also lower. In the case of a Non-Recourse Loan, the investor puts an asset forward. What is a Turnkey Rental Property?

Finance 86

Finance FHA loan Investor Loans 86

Redfin

FEBRUARY 3, 2021

Buying your first home is often a dream for many renters out there. Before you set your sights on your dream home, make sure you know just what separates the home buying myths from the facts. You may realize that you’re able to buy your first home sooner than you think. MYTH 1: You need a 20% down payment.

VA loan 62

VA loan FHA loan Inspection Loans 62

Windemere Buying

FEBRUARY 14, 2022

So, which home loan is the right one for you? Knowing the different types of mortgage loans available to you will allow you to pinpoint the one that best fits your needs and is financially viable. Offered by private lenders, they are not backed by the government. government. government.

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Loans Fixed-rate mortgage VA loan FHA loan 52

The Close

NOVEMBER 25, 2022

But is it the right niche for you? In this article, I will help you decide just that. First, I’ll go over why I think working with service members is an ideal niche for Realtors in 2023. First, I’ll go over why I think working with service members is an ideal niche for Realtors in 2023. Easy financing through VA loans.

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VA loan Loans Loan Officer Finance 80