You did it: You reviewed your credit report, worked on your credit score, determined how much house you can afford, got pre-approved, and became a first-time homeowner. We’re exhausted just listing all you’ve accomplished! You should be proud of yourself—very proud of yourself.
Read MoreBuying a home involves a lot of choices—locations, type of home, type of loan, and more. When it comes to the type of home, remember that a single-family home isn’t the only option. Condos can be great places to live, not to mention solid investment properties. That’s because the condo market continues to expand and may increase your options.
Read MoreYou know credit scores are important, but you may be wondering how they are calculated and what the big deal is. This all-important number can be looked at for a multitude of reasons: when you get a job, lease an apartment, open a new account, or apply for a loan—including a home loan.
Read MoreYour credit score is an important factor when it comes to buying a home. That’s because it gives your lender a snapshot of how responsible you’ve been as a borrower through your payment history—which means they can assess how responsible you’re likely to be as a borrower going forward.
Read MoreMost people understand that a home can be a great investment. What they may not realize is that this investment can pay off while you still own the home! And we’re not talking about renting it out, either.
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