Tag: advice for buying a property in the USA
How to prequalify for a home loan as a first-time buyer.
As you prepare to buy a home, you’ll likely come across the term “loan prequalification.” This is the first step in the mortgage process, where a lender provides a ballpark estimate of how much house you can afford.
Continue reading “How to prequalify for a home loan as a first-time buyer”
What is an FHA loan? A Federal Housing Administration (FHA) loan is a home mortgage that is insured by the government and issued by a bank or other lender. Unlike most conventional loans, the FHA doesn’t require a large down payment. You can put down as little as 3.5 percent of the purchase price of the property. And furthermore, FHA loans have more relaxed credit requirements for applicants, making them an attractive option for first-time home buyers. Continue reading “What is an FHA loan?”
7 benefits you get when you use a Realtor to sell your home. In the age of Zillow, Trulia, and Redfin, it’s easy to assume that you don’t need a Realtor to help you sell your home. And the truth is, you may not actually need a Realtor.
That said, a Realtor can bring a lot of value to your transaction. Here are 7 benefits to using a Realtor to sell your home: Continue reading “7 benefits you get when you use a Realtor to sell your home”
How Soon Can I Refinance My House? Depends on the original loan terms and the type of refinancing you seek. Expect to wait a minimum of six months and up to 24 months.
While mortgages can be refinanced immediately in certain cases, you typically must wait at least six months before seeking a cash-out refinance on your home, and refinancing some mortgages requires waiting as long as two years. Time limits depend on the nature of your original mortgage and the type of refinancing you seek. Continue reading “How Soon Can I Refinance My House?”
Foreigners Getting Mortgages Without Social Security Number and FICO? Are you a foreign national in the process of getting a mortgage in the United States but don’t have an SSN? Or a foreign national with no credit history or FICO looking for a mortgage? Continue reading “Foreigners Getting Mortgages Without Social Security Number and FICO?”
10 Benefits Of Working With A Real State Agente When Buying A Home. We all know it can be browse the internet for your next home but when it comes time to actually purchase a home, working with a real estate agent can make a huge difference. A buyers agent will take the time to help you find the right home and place you on the path of homeownership. Continue reading “10 Benefits Of Working With A Real State Agente When Buying A Home”