by Barbara Corregano | May 5, 2022 | Buyers, Buying Myth, Downpayments, First Time Home Buyers
Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you’re looking to purchase your first home, you may be wondering what’s happening in the housing...
by Barbara Corregano | Jan 13, 2022 | Downpayments, Home Buying, Housing Market Updates, Interest Rates, Mortgage Rates
While it’s challenging to buy a home with a down payment, programs exist that allow qualified buyers to put down as little as 3.5%. A VA Loan will let you put down 0%. Why would anyone put down as much as 20%? It Will Lower Your Interest Rate A 20% down payment...
by Barbara Corregano | Nov 11, 2021 | Buyers, Buying Myth, Downpayments
The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program: “The objective of the VA Home Loan Guaranty program is to help...
by Barbara Corregano | May 6, 2021 | Buyers, Downpayments, First Time Home Buyers
Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no...
by Barbara Corregano | Mar 9, 2021 | Downpayments, Mortgage Rates
A tax refund is one of several ways to come up with a down payment and closing costs to buy a home. Many mortgage programs have a requirement that monies used for a down payment be “sourced and seasoned.” Sourced funds mean showing where the money came from, sales of...
by Barbara Corregano | Mar 9, 2021 | Advice for Buyers, Buying A Home, Downpayments
The Millenials are no different from the previous generation when it comes to the dream of homeownership. 84% of millennials consider it part of the American Dream, according to the 2020 Millennial Home Buyer Report. There are some hurdles for these Millenials that...
