Saving to Buy a House: A 7-Step Guide
Saving for a new home is unlike any other savings experience. You’re not just filling a bank account and hitting a number. Instead, you’re preparing for what is likely the largest purchase of your life. In a competitive housing market where bidding wars are common, you’ll want to have every advantage when saving for a […]
5 Useful Tips For First-Time Home Buyers
If you’re a first-time home buyer, it can feel like you’re taking a crash course in the real estate industry. From the type of home you want to what you can afford to the myriad options for financing, it can be overwhelming. As mortgage professionals, we’ve seen it all from our side of the lending […]
A Guide To Debt-To-Income Ratio When Buying A House
When you apply for a mortgage, lenders execute financial calculations to determine whether or not you qualify for a loan. Therefore, you should become familiar with the debt-to-income ratio (DTI) before buying your home. This formula will help you understand what lenders are looking for when approving loans and how to ensure your financial health […]