A Homebuyer’s Guide to Escrow

Buying a home is one of the largest financial choices you will make in your life. It comes with terminology you may not otherwise come across in your everyday life. One of these terms is “escrow.” In case you aren’t sure what escrow is or how it will affect your home buying process, check out ...

2015: Year of the First Time Buyer

Experts are predicting that first time homebuyers, especially millennials (20-34 year olds), will be making a comeback this year as more favorable housing conditions arise. The improving labor market is also a plus as wages and job growth increase, allowing more potential buyers to save for homeownership.

Low Down Payment Mortgage

Low down payment mortgages are making a comeback. Previously the lowest down payment on a conventional conforming mortgage loan was 5%. Now even more potential homebuyers may qualify for a loan with just 3% down. Even though a low down payment loan requires mortgage insurance, this loan option provides potential first time homebuyers the chance ...