First-Time Home Buyers

July 31, 2024

Understanding Your Financing Options: FHA, USDA, and Conventional Loans

Here is some important information to help you understand the key differences between FHA, USDA, and Conventional loans, as well as the impact of buying a property for investment versus a personal residence.

Down Payment Requirements:

  • FHA Loans: Typically require a lower down payment of 3.5%. This makes them ...
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July 29, 2024

To Buy Now or Wait: Decoding the Impact of Current Interest Rates on Your Home Purchase

Should You Wait for Interest Rates to Drop or Buy Now? Weighing the Pros and Cons

In the current real estate market, one of the biggest dilemmas for buyers is whether to wait for interest rates to drop or to buy now while rates are still around 6-7%. This decision ...

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June 23, 2024

Unlocking Homeownership: How to Buy a Home with Limited Savings

Buying a home is a dream for many, but it can sometimes feel like a catch-22 for first-time buyers. Many people are paying rent that’s equal to or less than what a mortgage would be but just don’t have the savings for the down payment and closing costs. This scenario ...

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