It’s a great time to sell your home, so what are the options after you do? When you finally decide to put your home on the market and consult with your realtor about how to price it correctly, the next step is determining where you will go. Home prices have appreciated significantly over the past …
Florida Hometown Heroes program receives $100 million and expands to include more homebuyers
Update! Florida Housing will release more funds beginning July 1, 2024 for the HTH Program! Read more and get started now! Florida Housing will receive $100 million in additional funding beginning July 1, 2023, for the Florida Hometown Heroes Housing Program. Before July 1, 2023, the Hometown Heroes program offered eligible borrowers a maximum amount …
What is a mortgage rate lock?
Mortgage rates change a lot. They can move up or down throughout the day. They can be subject to many things, from the Federal Reserve (The Fed) announcing a rate increase to events occurring in the US or worldwide. You may have a conversation with your loan officer today only to learn that the rate …
Pre-approvals vs. pre-qualifications for home loans
A look at pre-approvals vs. pre-qualifications for home loans When you decide to buy a home, it’s important to understand the difference between a pre-approval and a pre-qualification. For example, a pre-approval at Mortgage Equity Partners involves an underwriter evaluating your credit history, income, and assets and issuing a loan commitment letter stating the amount …
How to save money with a VA loan
Buying a home can be a complicated and expensive process, especially if you’re a first-time home buyer or a Veteran. Fortunately, if you are a Veteran or a surviving spouse of a Veteran, you might be eligible for a VA loan. With a VA loan, you can purchase the home of your dreams with zero …
How do Down Payment Assistance programs work?
Down Payment Assistance programs help first-time homebuyers Down Payment Assistance programs, or DPAs, help first-time homebuyers cover some of the costs associated with a down payment and upfront closing costs. When purchasing a home, you typically need to put money down equal to a percentage of the home’s final sale price. This is called the …
