Frequently Asked Questions

Knowing the right questions can go a long way to make the home buying process a lot easier. https://youtu.be/3efBAua4p3U

Many clients buying homes think a home inspection and appraisal are the same. This is not the case at all.Generally speaking you can say that the appraiser is more concerned with the value of the property and the home inspector is more concerned with the condition of...

Today we are going to discuss costs and down payment requirements for home buyers. At closing, you will be required to provide (or have provided on your behalf) three categories of costs. Down Payment Closing costs Pre-paid items/Escrows...

Many times we are asked What is an FHA loan? In a nutshell a FHA loan allows you to buy a home with as little as 3.5% down. Along with the lower down payments FHA mortgages allows homebuyers to have less than stellar credit than a conventional mortgage. For example we...

A conventional loan is any mortgage which is not guaranteed or insured by the federal government, such as FHA or VA loans. The minimum down payment is 3-5%. On Conventional loans, if you put less than 20% down, you are charged a private monthly mortgage insurance...

USDA, it isn’t just for that prime steak you’re looking to throw on your BBQ. It stands for United States Department of Agriculture. How does that have anything to do with a mortgage? A USDA Mortgage provides low-cost, low rate, insured home mortgages for people who...