Learn everything you need to know about buying a home.
I am education based Loan Officer. Please read through the articles below to help you learn more about the home buying process.
When is it a good time to refinance
When is it a Good Time to Refinance? As President of Oak Capital Mortgage, I often get asked: “When is…
What is a Temporary Buydown
Understanding Temporary Buydowns: What They Are and Their Benefits What is a Temporary Buydown? A temporary buydown is a mortgage…
What is a Non-QM Loan
Understanding Non-QM Loans: A Path to Homeownership for Unique Borrowers Are you self-employed or have a unique financial situation that…
The Differences between Conventional and FHA Mortgages
Conventional vs. FHA Loans: What’s the Difference? When embarking on the journey to homeownership, understanding your financing options is crucial.…
The Differences between FHA and VA Mortgages
FHA vs. VA Loans: Understanding the Differences When it comes to buying a home, financing is often one of the…
How Much Income Do I Need to Buy a House?
Understanding Income Requirements for Homeownership Homeownership is not just for the ultra-wealthy. While income is a significant factor when buying…
A Step-by-Step Guide to Shopping for a New Home
Whether this is your first or tenth home purchase, shopping for a new home is an exciting time. It can…
First-Time Homebuyer’s Checklist
Your 2024 Home Buying Checklist: A Step-by-Step Guide Ready to purchase your first home? Use this easy-to-follow checklist to navigate…
Popular Loans for Buying a Home
Understanding Different Types of Home Loans: A Guide for Homebuyers Finding a great deal on your home purchase requires understanding…
Understanding Cash to Close
Navigating Your Closing Disclosure: Understanding Cash to Close If you have received your Closing Disclosure from your lender, you are…
How to Get Preapproved for a Mortgage
Start Your Search: The Importance of Preapproval Before you begin your new home search, talk to a mortgage broker like…
The Benefits of Working with a Realtor
When you are ready to make a new home purchase, the first thing to consider is who you want on…
5 Strategies to Save for a Home
Buying a home is a big purchase, one that takes time to save up to afford. Many homebuyers use a…
Expenses First Time Home Buyers Need to Save For
5 Major Expenses to Prepare for When Buying Your First Home If you’re getting ready to purchase your first home,…
Finding the Right Location to Buy a Home
Finding the Perfect Location for Your New Home They say that buying a home is all about location, location, location.…
Understanding an Appraisal Contingency
Protecting Your Home Purchase with Contingencies When buying a new home, you have the opportunity to include several contingencies in…
Should I Buy or Rent?
The biggest question those considering homeownership need to answer is simple: Should I buy or rent my home? Here is…
What You Need to Know About Cosigning a Mortgage
Considering a Non-Occupant Co-Signer for Your Mortgage If your credit, debt, or income is keeping you from buying a house,…
How to Buy a House with No Money Down
Do you dream of homeownership but can’t come up with the required down payment? Don’t worry. You may be eligible…
How Much Do I Need for a House Down Payment?
One of the first hurdles that potential homeowners must overcome is saving up a down payment. It can take years,…
A Home Appraisal Checklist
Searching for and finding the perfect new home is just one step of the home buying process. Once you find…
What Is an FHA Mortgage Insurance Premium?
FHA mortgages are great for homebuyers without a sizable down payment or with low credit. Each situation is unique and…
A Home Inspection Checklist
When purchasing a home, it is always a good idea to have it professionally inspected. Many lenders even require it…
What to Look for in a Neighborhood When Buying a House
Evaluating a potential new home’s features is just one part of finding the perfect place to buy. You should also…
Buydown to Reduce Your Mortgage Interest Rate
If you are buying a home, you have probably looked at all kinds of ways to reduce your monthly mortgage…
Buying a House without a Real Estate Agent
Working with a real estate agent can be very helpful when purchasing a house, especially if you are a first-time…
How Long Does It Take to Buy a House?
The home buying process is exciting but can be lengthy, especially if you have a purchase fall through and have…
How to Determine if You Are in a Buyer’s Market or Seller’s Market
Being a savvy real estate buyer or seller requires that you know and understand the market conditions. This includes the…
How to Get Your House Ready to Sell
You’ve mastered the process of home buying, but are you ready to be a seller when it’s time to move…
Negotiating a House Price as a Buyer
Buying or selling a home often comes with some negotiation. In fact, it is expected and normal for both parties…
How to Know When You Should Buy a House
Do you enthusiastically pore over home listings on online platforms in your spare time? Is driving around looking for For…
What Is the Average Down Payment for a Home?
One of the biggest hurdles to homeownership is saving up the all-important down payment. It can impact how much house…
What are your goals?
