5 Crucial Facts About Down Payments in 2024
There are real advantages to buying a home with a down payment. Zero-down mortgages still exist, and the ability to buy a home without a down payment may seem exciting. Nevertheless, you should consider slowing down and saving up. A down payment can give you an edge. 1) A Down Payment Can Strengthen a Mortgage […]
What Makes a Condo Warrantable vs. Non-Warrantable?
Condo home loans: The Doce Group has mortgage options if you are buying a warrantable condo, or even a non-warrantable condo. But what’s the difference? Considering a condo? Start your pre-approval here. When you’re in the market for a condo, there are additional things to keep track of during the mortgage process, on top of […]
Understand the Pros and Cons of Buying a Condo Before You Decide Which Type of Property Is Right for You
There are many pros and cons of buying a condo. Deciding whether to buy a condo or another type of property comes down to your lifestyle, preferences and budget. We break down the different factors to help you decide. Considering a condo? Start your pre-approval here. What is a condo? Condos are single units within […]
Townhouse vs Condo: What’s the Difference?
This article explores the differences between owning and buying a townhouse vs a condo vs a single-family home. There are many advantages to opting for a townhouse and condo living over a standard, single-family house. Chief among them is cost – townhouses and condos tend to have lower list prices (not to mention less maintenance) […]
Purchasing a Condo or Townhome
Townhomes and condominiums can offer homeowners many benefits, including convenience and lower maintenance, but purchasing this type of home can also present challenges, particularly when dealing with condo mortgage loans. Due to the way condos and townhomes are categorized by mortgage lenders, they often have mortgage requirements that are more stringent than those of a […]
How can you tell that your mortgage broker is doing a great job for you?
Identifying whether your mortgage broker is doing an excellent job for you involves assessing various factors related to communication, responsiveness, transparency, and the overall effectiveness of their services. Here are key indicators that your mortgage broker is performing well on your behalf: Clear Communication: Explanation of Options: A good mortgage broker should explain different mortgage […]
Navigating the Mortgage Maze: Top 10 Things to Know When Applying for a New Home Loan
Buying a new home is an exciting journey, but the process of securing a mortgage can seem daunting. Understanding the ins and outs of mortgage applications is crucial for a smooth and successful home-buying experience. Here are the top 10 things you need to know when applying for a mortgage: 1: Know Your Credit Score: […]
