Using Military Basic Allowance for Housing (BAH) for Mortgage Payments

The Basic Allowance for Housing (BAH) is a military entitlement provided to service members to for “equitable housing compensation based on housing costs in local civilian housing markets within the 50 U.S. states.” The allowance reflects the costs associated with household rental and updates the amount annually. A service member who lives on base will […]

Second Mortgages: 3 Options and Why Someone Might Choose One

A second mortgage refers to a secondary loan that is secured by the same property as the borrower’s first mortgage. Essentially, it’s an additional loan on a property that already has a primary mortgage. The first mortgage takes precedence over the second one in terms of repayment priority. 3 Types of Second Mortgages 1. Home […]

2024 Conforming Loan Limits

How much can you borrow to buy a home in 2024? Mortgage loan limits update annually based on changes in the housing market. As prices for the average home increase, loan limits will follow suit. Here, we break down the current limits for conventional, FHA, and VA and what your maximum home price would be […]

What are the first things every new homeowner should do when they move in?

Congratulations on your new home! The excitement of becoming a homeowner comes with a list of tasks to ensure a smooth transition. Here are some essential things to do when you move into your new home: Change the Locks: For security reasons, it’s a good idea to change the locks on all exterior doors. You […]

Choosing A Mortgage Broker

A mortgage broker is a licensed professional who acts as an intermediary between homebuyers and mortgage lenders. We work with various lenders, including banks, credit unions, and mortgage companies, to help borrowers find and secure the right mortgage for their needs. What a Mortgage Broker Does: Assessment and Pre-Approval: A mortgage broker begins by assessing […]

What does a title company do?

Whether you’re a seasoned homeowner or a first-time buyer, you’ve probably come across the terms “title company” and “title insurance” in the realm of real estate. These are crucial components that ensure the security and legality of property transactions. In this blog, we’re breaking down the role of a title company and demystifying the concept […]

Earnest Money Deposits

If you’re in the process of buying a home or investing in real estate, you’ve probably come across the term “earnest money deposit.” Earnest money deposits (EMDs) are an essential part of the homebuying process that helps ensure both parties proceed in good faith. In this blog, we’ll break down what earnest money deposits are, […]

What to do if you missed a mortgage payment

Nobody plans to miss a mortgage payment. While skipping a payment can have some serious repercussions, it is important to pause and remember that we are all only human. Life can sometimes throw unexpected curveballs and missing a mortgage payment can happen. While we hope you are never in this position, let’s explore what to […]

Homebuyer’s Guide to Touring a House

Congratulations! You’re embarking on an exciting journey to find your dream home. The process of touring potential homes is not only thrilling but also crucial in making an informed decision. To help you make the most out of your home tours, we’ve put together this guide highlighting key factors to consider. Key Factors To Observe […]

Stay Dry and Worry-Free: Protect Your Home from Heavy Rain Flooding

Hey there, homeowners! We all love a refreshing rain shower, but when those clouds gather and heavy rain sets in, it’s essential to ensure your home is ready to weather the storm. In this blog post, we’ll share some easy tips to prevent water damage and keep your home safe during extended periods of heavy […]