Budgeting and spending money wisely is always a good habit, but it is especially important when you are saving for a house. However, even if you scrimp and save most months of the year, many of us tend to go overboard during the holidays and spend more. Socializing, gift giving, travel, decorating, and entertaining…
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When looking to buy a house, you can take prequalification one step further and apply to get a preapproval for your next home loan. This will give make you an even more attractive buyer to sellers in a competitive home market. Prequalification gives you an estimate of your home loan terms and monthly payments. Preapproval…
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As a home owner did you know: Indoor air is typically 2-5 times MORE toxic than outdoor air? Here are some tips for home owners to improve a home’s air quality and reduce indoor pollution. 1. Keep indoor air clean. Open your windows and doors as much as possible to ventilate. Use green plants…
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Prequalify¹ When You Are Ready to Buy a House There are two items to consider when deciding how much to spend on a home purchase: what you are comfortable with spending, and what mortgage payments your mortgage lender deems you can afford. If you want to prequalify for a mortgage, a trusted mortgage consultant like Jeff Berman “The Mortgage…
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How the Home Loan Closing Process Works Of all the steps in the home-buying process, closing is the one that often leads to the most questions. Closing day is an exciting time because it’s the day you will finally see your dream of homeownership realized. It can also be a hectic time since there are a…
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Applying for a Home Loan: What You Need Below is what you need when you apply for a loan. Don’t worry, I’ll be your guide every step of the way to keep the entire loan process simple. All Borrowers: Copies of W-2s for the past two years. Copies of the two most recent consecutive pay…
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Good Credit Can Help You Open the Door to Homeownership When you’re ready to buy a house, having a good credit score can help make for a smooth home loan process. Your credit score is also commonly called a FICO® Score. It’s an analysis of all your credit files that together represent how creditworthy you…
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Budgeting for a Home The “right time” to buy a home is different for everyone, but budget is often a leading factor. I can help you find the right mortgage to fit your own personal budget. With Elite Financing Group’s tools and a support team, we are dedicated to leading you through the process to…
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