San Diego home prices are at a record high, with the median home selling for nearly $580K, and millennials all over the country are getting creative—often taking second jobs or selling their Bitcoin to afford a down payment. According to real estate company Redfin—who graciously provided all the source material Continue Reading →
A HomeReady mortgage is a specific type of home loan offered by Fannie Mae. They are designed to help low- and moderate-income borrowers who are looking to buy a home or refinance their current loans. The primary advantages are lower down payments and reduced private mortgage insurance (PMI) requirements. They Continue Reading →
Millennials represent the next generation of home buyers and have rapidly become the most active segment of the population when it comes to applying for mortgage loans. When you have a younger demographic, and especially a segment greatly affected by higher student loan debts than ever before, you might think Continue Reading →
At Transparent Mortgage, we’re always looking for ways to help clients raise their credit scores. As a mortgage broker, I understand the importance of having a good credit score when it comes to applying for mortgage loans. It will impact the interest rate and terms—not to mention whether or not Continue Reading →
Our friends over at The Lighter Side of Real Estate recently published a fun, yet very relevant, post featuring the 10 Commandments of Buying a Home. These are the 10 things that you shalt not do if you are looking to buy a home and want to qualify for a Continue Reading →
