Posts with tag 'Mortgages'
Subscribe and receive email notifications of new blog posts.
RSS Feed
- 2026 | 8 Posts
- 2025 | 48 Posts
- 2024 | 48 Posts
- 2023 | 48 Posts
- 2022 | 48 Posts
- 2021 | 48 Posts
- 2020 | 51 Posts
- 2019 | 48 Posts
- 2018 | 29 Posts
12
Applying for a Mortgage When You're Self-Employed
If you're self-employed and considering buying a home, our real estate agents are trained to help you through the maze of red tape associated with obtaining a mortgage. More than anything, you've got to have your paperwork in order, to satisfy the mortgage company's requirements. Being self-employed adds an extra layer to this process.
Lenders don't make special requirements for self-employed home buyers, although it may seem like it. Regardless of where you work, they ask for proof that you are financially solvent. This includes confirmation of steady income, a good credit rating, and a low debt to income ratio.
11
5 Tips for Successful Springtime Home Bidding
Birds are chirping and blossoms are beginning to emerge. Just as Mother Nature awakens from her long winter snooze, home buyers around Augusta, Maine are emerging from their homes to take a peek at the beautiful Augusta homes for sale this season. This can create competition for property and buying the home of your dreams requires strategic planning on your part. If you want to submit the right bid at the right time, the following are five tips for successful springtime home bidding we recommend.
-
Secure Pre-approval Locally
Securing pre-approval shows the seller that you have the ability to purchase the home. This puts them at ease and gives you a little leverage to negotiate. When you secure the pre-approval from a local lender, you're likely to receive preference over competitors who have pre-approvals from online or out-of-area lenders.
Don't forget to polish your credit before you go in to secure a mortgage preapproval. Make sure that the information is accurate and that any discrepancies are addressed. It's also advisable to pay as much of your debt down and take steps to improve your debt-to-income ratio.
19
Do Credit Scores Matter When You're Buying a Home
If there's one aspect of buying a home that our real estate agents get asked about more than any other, it would have to be credit scores. How much does your credit really matter when you're trying to secure a loan and buy a house?
The importance of your credit score depends on a variety of factors – some financial institutions weigh credit more heavily than others – but it definitely matters. Here's what you need to know about your credit score before buying a home.
21
5 Super Smart Ways To Save For A Down Payment
Buying a home requires planning and commitment, and one of the biggest considerations a home buyer should take into account is being prepared to make a down payment. Once you have determined how much you are able and willing to spend on a home, it's time to start deciding how you will save for a down payment. With a unique range of Augusta homes for sale, finding your next home may be easier than you think with guidance from our real estate agents. Here are a few practical ideas to help you start saving now.
4
Loan Pre-approval Should be Your First Step Toward Buying a Home
Landing your dream home starts with understanding exactly what sellers want to see, especially when you're shopping in a competitive market. In order to stand out from the pack, you need to show the seller that you're serious, and that you're financially prepared to make an attractive offer. That's one reason why getting pre-approved for a mortgage should always be your first step when buying a house. Our real estate agents have the details on why pre-approval is so important, and what you can do to kick-start the process of getting pre-approved for a mortgage.