Buying A Home

How Much Is A House Down Payment: An Essential Guide
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How Much Is A House Down Payment: An Essential Guide

When it comes to buying a house, one of the most important financial considerations is the amount of the down payment. The down payment is the initial lump sum of money a homebuyer puts toward purchasing a property, with the remaining cost financed through a mortgage. The amount required for a down payment can vary…

Pay Off Student Loans or Buy House in 2023? Your Questions Answered
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Pay Off Student Loans or Buy House in 2023? Your Questions Answered

Should you pay off your student loans or buy a house in 2023? This is a typical question without a typical answer. Traditionally, the question has been whether you should pay off your student loans (often at around 6% interest) or buy a house (often at 3% interest). It was still complicated, but it was…

23 Crucial Mistakes to Avoid When Buying Your Dream Home
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23 Crucial Mistakes to Avoid When Buying Your Dream Home

Buying a house is an exciting milestone in life but can also be daunting, especially for first-time homebuyers. The path to homeownership is full of pitfalls, and one wrong step could lead to a lifetime of regret. With so much at stake, educating yourself on the process and avoiding common mistakes that could cost you…

How Can 3 People Buy A House Together (And Should They?)

How Can 3 People Buy A House Together (And Should They?)

Are you part of a three or more-person collective looking to buy a house or investment property together?  If so, you must feel overwhelmed with the major decision and all the possible factors that come into play.  Home-buying can be an exciting experience and different from any other large purchase you may have made before…

How to Get a 720 Credit Score in 6 Months
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How to Get a 720 Credit Score in 6 Months

Do you need to know how to get a 720 credit score in 6 months? Credit scores range from 350 to 850. 350 is disastrous, and 850 is nigh-unobtainable.  A 720 credit score is almost universally considered a good credit score—it’s good enough to qualify for great rates on any mortgage.  You just need to…

Can You Use a Personal Loan on a Down Payment for House?
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Can You Use a Personal Loan on a Down Payment for House?

You can afford the monthly payment for a mortgage. You just don’t have a down payment. Can you use a personal loan on a down payment for a house? Could you use a credit card—or a cash advance? In general, no. But there are other things that you can do if you need a down…

The Pros and Cons of Down Payment Assistance
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The Pros and Cons of Down Payment Assistance

Owning a home is a dream for many, but the reality of saving for a down payment can be daunting. A hefty sum of money is required upfront, often causing potential homeowners to feel overwhelmed and discouraged. This is where down payment assistance programs (DPAs) come into play, helping make the dream of homeownership come…

How Much Down Payment for a House in Texas?
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How Much Down Payment for a House in Texas?

The pursuit of homeownership is an exciting milestone, but figuring out how much to save for a down payment can confuse many Texans. With various factors influencing the total amount required, such as location, property type, and personal financial circumstances, it’s easy to feel lost in the maze of real estate jargon and financial planning….

What are the Documents Needed for a Mortgage Application?
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What are the Documents Needed for a Mortgage Application?

What are the documents needed for a mortgage application? Get ready to get familiar with both your bank and your HR department. Since the housing crash, lenders have become far more strict about documentation. Years ago, subprime, no-doc loans ran rampant. Now, you must document everything about your income and assets. But it doesn’t have…

6 Simple Steps to Buy a House in California—And Get What You Want

6 Simple Steps to Buy a House in California—And Get What You Want

Today, we’re looking at how to buy a house in California. While the entire United States housing market is skyrocketing, few locations are skyrocketing as fast as California. If you’re a home buyer in California—especially Southern California—can you get the home you want? It’s still possible. You must get your finances in order, prioritize your…

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