Saving for a down payment is one of the tougher obstacles when it comes to buying a home. Watch our #GoodToKnow REALTOR® Lance Treutel discuss the myth of needing twenty percent down to…
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down payment
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The amount of money you’ll need up front to buy a house depends on a number of factors, but, in general, you’ll need to come up with enough money to cover…
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The Federal Housing Administration (or “FHA”) was established in 1934 to advance opportunities for Americans to own homes. The FHA provides private lenders with mortgage insurance that gives them the security…
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If you are looking to buy a home but plan to make a down payment of less than 20%, most lenders will require private mortgage insurance. Mortgage insurance protects the lender…
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When buying a home your lenders looks at your income, assets and down payment. They’ll also want to know about your liabilities and other financial obligations. This includes things like credit…
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The home buying process can be a stressful experience, especially for first time home buyers. Let’s take a look at some common home buying myths: A 30 year mortgage is always…
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One of the biggest hurdles for many prospective home buyers is finding a way to accumulate enough money for a down payment. Here are some suggestions on ways to raise the…
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Ever dream of owning a home but don’t think you can because you lack the down payment and closing costs? Here are a few tips: Borrow from your retirement account: A…
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Hear from Julie Fournier, licensed Berkshire Hathaway HomeServices Premier Properties REALTOR®, and Wade Vogl, Northwestern Bank real estate lender, on the first steps when purchasing a home. These steps include getting…