85 percent of millennials expect to own a home—here’s how to buy one, in 8 steps

Most young people expect to own a home at some point in their lifetime: 85 percent, according to Aperion Care, which surveyed 2,000 millennials to get a sense of what they think about aging, retirement and their future in general. That's good news. Young people should be prioritizing home ownership, says co-founder of AE Wealth Management and self-made millionaire David Bach. In [...]

5 Rookie Mortgage Mistakes that are EASY to Avoid

Buying a home is one of the biggest financial decisions most make in their lifetime. That's why it's so important to approach this process with as much knowledge ahead of time to save yourself money and headaches down the line. Here are five mistakes you can easily avoid during the home buying process. Finding your [...]

By |2018-09-08T06:28:08+00:00November 16th, 2017|Home Mortgage Tips|0 Comments

Saving for a Mortgage Down Payment? 4 Tips That Will Help You Get There Faster

For most people, the idea of saving more money each month is enough of a burden without having to think about investing in a home. A down payment, however, will require a lot more saving know-how and a lot more in liquid assets in order to be able to buy. If you're trying to find ways to save a bit more each month, here are some sure-fire tips for raising the extra funds.

By |2018-09-08T06:28:09+00:00April 13th, 2017|Home Mortgage Tips, Uncategorized|Comments Off on Saving for a Mortgage Down Payment? 4 Tips That Will Help You Get There Faster

Til’ Debt Do Us Part: How to Get a Mortgage If One Spouse Has A Poor Credit Score

A poor credit history is a reality for many people, but it can be particularly daunting when it comes to investing in a house. Fortunately, simply because you or yours have experienced bad credit doesn't mean that you should be penalized in the future. If your spouse has struggled with bad credit in the past but you're both preparing to move forward and invest in a home, here are some tips for getting it together financially.

By |2018-09-08T06:28:09+00:00April 12th, 2017|Home Mortgage Tips, Uncategorized|Comments Off on Til’ Debt Do Us Part: How to Get a Mortgage If One Spouse Has A Poor Credit Score

Buying a Home With a Mortgage? Here’s What You Can Expect at Your Closing Meeting

If you've decided to invest and have finally found your ideal home, it's probably an exciting time for you and your family. But before the deal is sealed, there will be a closing meeting so that all of the loose ends can be tied up. If you want to be ready for closing and are curious what the final meeting will entail, here are a few things to be prepared for.

By |2018-09-08T06:28:12+00:00April 6th, 2017|Home Mortgage Tips, Uncategorized|Comments Off on Buying a Home With a Mortgage? Here’s What You Can Expect at Your Closing Meeting

Your Debt-To-Income Ratio and How It Affects Your Mortgage

When you're delving into the market in the hopes of finding your dream home, it's likely you'll come across the term debt-to-income ratio. This may not seem important at first, but your DTI is the key to determining the amount of money you can put into your home and just how much you should spend on a monthly basis. If you're curious about what this means for you, here's how to calculate it and how it can impact your mortgage.

By |2018-09-08T06:28:12+00:00April 5th, 2017|Home Mortgage Tips, Uncategorized|Comments Off on Your Debt-To-Income Ratio and How It Affects Your Mortgage

Understanding Mortgage Amortizations and Why Longer Periods Can Cost More

Buying a home is one of the largest investments you will make in your life, and that's why so many people have longer mortgage amortization periods to pay down the principal. While it may seem appealing to have a longer amortization period, here's why an extended loan term can end up costing you more and may be less financially beneficial when it comes right down to it.

By |2018-09-08T06:28:12+00:00April 4th, 2017|Home Mortgage Tips, Uncategorized|Comments Off on Understanding Mortgage Amortizations and Why Longer Periods Can Cost More

Trim Your Mortgage Closing Costs by Following This Easy 3 Step Guide

You may be so busy with determining your debt-to-income ratio and deciding what kind of offer to make that closing costs have gotten lost in the mix, but it's important to remember that finalizing your mortgage will cost you extra. While there's no way to get around paying money to solidify your mortgage, there are a few steps you can take in order to make it more economical for you.

By |2018-09-08T06:28:12+00:00March 30th, 2017|Home Mortgage Tips, Uncategorized|Comments Off on Trim Your Mortgage Closing Costs by Following This Easy 3 Step Guide

Is It Still Possible to Get a Mortgage With Zero Down? Yes – and Here’s How

When it comes to investing in a mortgage, the down payment is key in making your investment a reality and proving to lenders that you're a safe bet. However, while most opportunities for putting zero down on a home have disappeared since the recession, there are still a few ways to buy without putting money down. If you're currently weighing your options, here's what you need to know if you don't have a down payment ready.

By |2018-09-08T06:28:13+00:00March 23rd, 2017|Home Mortgage Tips, Uncategorized|Comments Off on Is It Still Possible to Get a Mortgage With Zero Down? Yes – and Here’s How

Buying a New Home? Three Major Mortgage Missteps That You’ll Want to Avoid

Buying a home is one of the biggest financial investments you'll make in your life, and it's important to make sure that you're doing what will be right for you down the road. If you're trying to avoid buyer's remorse and are wondering what major missteps to avoid when diving into the market, here are a few things you may want to watch out for.

By |2018-09-08T06:28:13+00:00March 21st, 2017|Home Mortgage Tips, Uncategorized|Comments Off on Buying a New Home? Three Major Mortgage Missteps That You’ll Want to Avoid