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Home Loan Tips Blog

How Parents Can Help Their Children Prepare to Be Homeowners

How Parents Can Help Their Children Prepare to Be Homeowners

Start with Financial Literacy Teaching kids how money works from a young age helps them make better decisions as adults. Start by explaining simple financial concepts like saving, spending, and budgeting. Use Real-Life Examples Games like Monopoly can mak

Apr 17, 2025 | Purchasing a Home

FHA Gift Funds: Unlocking the Door to Your New Home

FHA Gift Funds: Unlocking the Door to Your New Home

For many aspiring homeowners, upfront costs like down payments and closing fees can seem like insurmountable obstacles. FHA gift funds offer a practical solution, allowing you to receive financial help from approved sources to ease your path to homeowners

Dec 31, 2024 | Purchasing a Home FHA loan tips

How Long is a Mortgage Pre-approval Good For?

How Long is a Mortgage Pre-approval Good For?

As you stand on the threshold of homeownership, pre-approval letter in hand, you may wonder: How long will this golden opportunity last? Understanding the time-sensitive nature of your mortgage pre-approval can help you stay competitive in today’s f

Dec 03, 2024 | Purchasing a Home

Fannie, Freddie, and Ginnie and What Do They Have to Do With My Mortgage?

Fannie, Freddie, and Ginnie and What Do They Have to Do With My Mortgage?

If you are ready to buy a home, you may have heard your lender throwing around names like Fannie Mae, Freddie Mac, and Ginnie Mae. Who are these people and what do they have to do with your home loan?They are actually not people at all but nicknames for t

Aug 18, 2021 |

Condo or Townhouse - Does it Matter?

Condo or Townhouse - Does it Matter?

If you’re in the market for smaller home with less maintenance and cost, you’ve probably considered both condos and townhouses. However, you might not have realized that there are differences between the two in the types and cost of mortgages you can get.

Apr 28, 2021 |

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