Using Rental Income to Qualify for a Mortgage: Unlocking New Home Opportunities with Alex Doce
Navigating the mortgage landscape can be daunting, especially when seeking to leverage rental income to secure your dream home. However, with the right guidance and expertise, this seemingly complex process can be simplified and highly rewarding. Alex Doce, an esteemed mortgage lender with over 36 years of experience and a track record of hundreds of […]
The Complete Guide to Closing Costs for Homebuyers
When you purchase a home, the down payment is not the only money you’ll need to save or payment you’ll need to make. You’ll also have to worry about closing costs, which are typically not covered by your mortgage loan. Let’s discuss closing costs so you can prepare for them. What are closing costs? Buying […]
The Ultimate Guide to Mortgage Interest Rates: What You Need to Know
If you take out a $250,000 home loan, you won’t pay back $250,000 exactly. Instead, you’ll pay $250,000 plus interest. The amount of interest you repay is expressed as a percentage, known as your mortgage rate. Interest is the reason why home loans are available at all; they create a mechanism for lenders to profit […]
Compare 4 Low Down Payment Loan Options Excluding FHA
Many people believe that FHA loan programs are the only low-down-payment loan programs. While the FHA loan program is an excellent one, you don’t have to resign yourself to saving 20% down if the property you are interested in isn’t suitable for an FHA loan. Fannie Mae and Freddie Mac offer several other excellent programs […]
A Complete Guide to Understanding the Home Zero Program
Eager to own a home but don’t have a 3.5% down payment or lots of money in savings to cover closing costs? You’re not alone. Many prospective homeowners and repeat home buyers find down payment requirements to be restrictive and difficult to work around. Our Home Zero program may be able to help. Our HomeZero […]
What to Look for in a Mortgage Lending Company in Florida
A home loan is one of the biggest financial commitments you’ll ever take on during the course of your life. You should choose the mortgage lender you work with carefully, as the decision will help shape your financial life for many years to come. Here are five things you should look for in any company […]
Shopping for a Home: How to Compete With Cash Buyers
The Fort Lauderdale real estate market can be tough, and one of the biggest challenges that buyers face is the prevalence of cash buyers and investors competing for the available inventory. The market is similarly challenging across the nation. If you’re trying to buy a new home, you need to have a strategy that will […]
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) […]
