If you’re a seasoned homebuyer, you’re already familiar with the procedure of prequalifying with a bank to find out how much home you can purchase. In today’s competitive real estate market, a seller won’t take your offer seriously without proof of your ability to fund the purchase. The bottom line is, what you can qualify for hinges a lot on you. Read More >

If you’re listening to the advice of many loan representatives and Realtors, most likely you’re only viewing homes within the price range outlined in your pre-approval letter. But did you know the price limit of homes you can qualify to buy depends on many elements such as your monthly pay, expenditures, loan program, if you have roommates, and more. Similarly, the price spectrum of homes you can purchase will hinge on certain factors. Read More >

As a single person, the thought may have crossed your mind whether it’s a good idea to purchase a home. Once single people complete their schooling, many focus on developing their new careers, delaying the contemplation of buying real estate property. While many are attracted to the thought of owning a home, many singles count on being married within the next several years and decide to postpone thoughts of purchasing a house until then. Read More >

If you’re like most renters, you’ve probably given up hope of owning any real estate. But before you throw in the towel, take some time to evaluate your rent expenses versus a home loan payment after all tax deductions. After thoroughly evaluating both alternatives, you still feel a mortgage loan is beyond the reach of your monthly income, don’t give up complete hope. You have many other creative alternatives to help you conquer a devastating loan payment. Read More >