Sep 8, 2017 | Mortgage 101 |
We do a lot of our children. From providing a strong education to exposing them to a wide variety of cultural experiences, the goal is to give them the best life possible. Unfortunately, there are some decisions we make that can actually undermine their (and your)...
Aug 11, 2017 | Home Buying Process, Mortgage 101 |
According to GeekWire, the median home price in Seattle hit a staggering $819,500 in March – the highest it’s ever been. For many borrowers, even if they are approved for that much, it’s more than they can reasonably afford. Take a moment to crunch your own numbers to...
Jul 11, 2017 | Mortgage 101 |
On what homes can you make an offer? Are homes marked ‘sale pending’ off limits? Nope! You can still make an offer. ‘Sale pending’ means the buyer and seller are still negotiating their purchase agreement. You can make a backup offer. If the sale falls through, you...
May 12, 2017 | Mortgage 101 |
Roughly half of all mortgages in the US are backed by Fannie Mae and Freddie Mac. That’s a huge percentage! And, in late 2016 and early 2017, these organizations made a few changes to their processes. Do you plan to secure a mortgage backed by Fannie Mae or Freddie...
Apr 27, 2017 | Mortgage 101 |
No matter how you slice it, your mortgage payment can take a big slice out of your monthly budget. Whether you’re interested in paying off your mortgage early or you simply want some help covering this monthly expense, these awesome ways can help. Get a Roommate...
Feb 25, 2017 | Mortgage 101 |
For many first-time buyers, saving for a down payment is often the most challenging hurdle they face on the path to home ownership. Most of these first-time buyers assume they must put down 20% of the purchase price. That’s some heavy coin! But the truth is – you...