Buying a First Home
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Buying a First Home

After 10 years of marriage, I’m still enjoying living in the first home I moved into with my husband. Buying a first home can be one of the most exciting events in a person’s life. Before making this important expenditure, people need to first sit down and determine how they will successfully finance it. After all, a home will likely be the most expensive purchase you make in your life. Talk to a loan officer and determine how much money you can reasonably borrow. Then, decide how much money you want to use as a down payment. You also must decide how many years you will finance your home for. On this blog, you will learn about the process of buying a first home with a loan.

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Buying a First Home

  • What You Need To Know Before Calling A 24-Hour Bail Bonds Service

    27 April 2023

    Someone you care about has found themselves in the unfortunate situation of sitting in jail. Perhaps they have been arrested and are being charged with one or more crimes. They might also be completely innocent, but that does not change the fact that they will sit in jail until they are able to bail out or until they go to trial and hopefully receive a judgment of innocence. If you want to help them out so they can come home until their day in court, you will want to seek out a 24-hour bail bonds service.

  • 4 Reasons Your Staffing Agency May Need To Seek Business Funding

    9 March 2023

    Staffing agencies serve a vital role to the public, but they can also be profitable businesses. While operational costs are relatively low for most staff agencies, there may be times when you need staff agency business financing.  Launching the Business  If you are just getting started, you may need to seek staff agency business funding to get the business up and running. While staffing agencies don't need a great deal to get started, there are still expenses that can be required, such as leasing an office space, investing in high-quality technology, and paying employees until revenue starts to flow in.

  • Buying Investment Properties With DSCR Mortgages

    31 January 2023

    There are many individuals that will be interested in purchasing investment properties. These properties can be a source of profit through both rental incomes as well as property appreciation. Unfortunately, buying an investment property can be different from buying a primary residence in a few ways. Take Advantage Of DSCR Mortgage Solutions A key difference when applying for a mortgage for an investment property will be the fact that these loans will often have different requirements for approval.

  • 3 Home Loan Tips For First-Time Buyers

    3 January 2023

    Buying a home for the first time is a great step toward increasing your financial stability down the road, but it can also be a daunting process. The home loan process is a key component of your search. You will be spending a lot of time focused on getting qualified for a home loan and making sure you only take out a mortgage you can truly afford. Here are a few home loan tips for first-time buyers  to help guide you along the way:

  • Getting Approved For A Home Loan When You Have A High DTI Ratio

    28 October 2022

    Lenders want to make sure you can afford the home you're buying, so they calculate how much of your monthly income is needed to satisfy your debts to ensure there's plenty of money left over to pay the mortgage. This is called the debt-to-income (DTI) ratio, and many banks will turn down your application if the percentage is too high. However, there are two ways you can still get approved with a high DTI.