Category Archives: First Time Home Buyers


Remove PMI to Lower Your Expenses

Private mortgage insurance is usually required on mortgage loans for more than 80 percent loan-to-value. If a borrower defaults on their loan, mortgage insurance will reimburse the lender. You need to be aware that when certain conditions have been met, expensive PMI can be removed. When your mortgage balance has reached 80 percent of your […]


A Good Option in FHA

A sector of the market that is not necessarily being met by other loan programs is being served by FHA insured mortgages. Buyers would love to secure a conventional 80 percent mortgage without mortgage insurance and get the lowest cost of financing possible, but if they can’t put down 20 percent then it isn’t really […]


Benefits to Short Term Mortgages

Considering refinancing? Buying a new home? It maybe worth discussing a 15-year loan instead of a traditional 30-year mortgage. Monthly payments will be higher but your interest rate will be lower and your equity will climb faster. Below I have provided an example for comparison on a $300,000 mortgage with two terms. One 30-year term […]


Down Payment Problem – Are You Sure?

Each year the National Association of Realtors publishes the Home Buyers and Sellers Generational Trends Report. In their latest report, they state that although Millennials are becoming the largest home buying group (34%) they are facing the difficulties of rising rents, rising home prices, student loan debt and flat wages. Today’s would-be buyers feel they […]


Tailored Customer Service

As a business, if you expect to have repeat customers and get recommendations to friends, you must treat customers fair. Nordstrom’s customers understand that their salespeople are employees and represent the company as a whole. In some industries, like real estate, the customer service line is not as clear. An Agency is a legal relationship […]



Would-be buyer to should-be buyer

Owning a home can be an emotional investment for some would-be buyers. They want to have a place to raise their family,enjoy gatherings and feel secure and safe. Other buyers may be more interested in lowering their costs of housing or building equity. No matter what your motivation is we can easily justify that now […]


FOUND! Your Down Payment

Taking the time to save a down payment for buying a home might be keeping you from actually buying a home. But you may be unaware that those funds may already exist. NAR does a Profile of Home Buyers and Sellers report each year which says that 81 percent of first-time buyers pull all or […]