Posts Tagged mortgage programs

2 Things First Time Home Buyers Need to Know About Mortgages

millennial couple sits on front steps of house

If you’re thinking about buying your first home, congratulations! Buying a home is an exciting milestone and can be an important step in building your wealth and putting down roots. But if you’re like most people, you’ll need a mortgage to help you finance your home purchase — and getting a mortgage may be a little less exciting, but no less important. Although there are numerous important facts that every consumer should understand about mortgages, there are a few key points first timers should know.

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5 Common Mortgage Myths Debunked

It’s only natural to be both excited and nervous about buying a home. After all, it’s likely to be one of the largest financial transactions you’ll make and with it comes a lot of responsibility. But for many potential home buyers, common misconceptions about the mortgage process keeps them from pursuing what could be one of the most personally (and financially) rewarding parts of adulthood. In today’s post, we’ll review 5 of the most common mortgage myths and set the record straight on things like credit scores, down payments, interest rates and more.

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Active Military Home Buyers Purchase Larger, More Expensive Homes

military home buyer

The National Association of Realtors® (NAR) recently released the results of a brand new study, in which active duty military members were found to have increased home buying activity when compared to non-military buyers. According to the first ever 2016 Veterans & Active Duty Military Home Buyers and Sellers Profile, there are numerous contrasts between active-service military buyers and sellers and those who have never served.

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