Condo Approval Status Lost? Here’s What You Need to Do
It might be a worrying development if your condo association’s FHA approval status changes. The FHA clearance offers present residents financial alternatives in addition to providing some stability for prospective buyers. But events may occur that lead to this approval being revoked, which would make locals wonder what should be done next. Understanding the Implications […]
How FHA Loans Work in Florida
FHA loans are an excellent program for Florida home buyers. The program provides several major advantages. A down payment of just 3.5% of the home value Competitive interest rates A minimum credit score of just 580 No income limits Access to hardship programs in the event that you’re having trouble making your house payments The […]
How to Get a Home Loan When You’re Self-Employed
Many of the financial systems in this country aren’t necessarily built for self-employed individuals. Many of them rely on the idea that most people receive a regular paycheck from their employer. Nevertheless, it is possible to buy a house as a self-employed individual. You just have to take a few steps that more traditionally employed […]
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 […]
