Is a VA loan cheaper than a conventional or FHA loan for JBLM buyers? Usually, yes, because a VA loan has no monthly mortgage insurance and no required down payment. A conventional loan can come out ahead when you put 20% down and are not exem...
Tacoma down-payment assistance is a zero-interest, deferred 30-year loan of up to $80,000 per household, not a grant. Qualifying means being a first-time buyer purchasing in the HUD-defined Tacoma/Pierce County area, keeping household incom...
Buying a home for the first time can be confusing and intimidating. More so if many of the things you believe turn out to be myths that only hinder you from starting your home search or making an offer on a home. We're here to help you c...
Owning a house and having good credit at the same time? In this economy? What if we tell you it's possible? It’s common for young people—those who are below 35 years old (also known as millennials)—to complain about not having mone...
Want to know what lenders look at when they evaluate your loan application? It's a combination of things. Banks evaluate your attitude towards debt, predict your future income based on past and current employment, and measure your seriou...
Raising the money for a down payment on a home could be the most challenging step towards homeownership. One way to get the amount you need is to borrow against your 401(k)--although there are numerous options you can consider depending o...
It may seem like a nearly impossible task to get a mortgage after retirement, but there are ways you can do it even if you are not employed. If you're planning to apply for a mortgage, here are 5 common questions you might ask that we’v...
If you're a first-time buyer who's only just started your house-hunting journey, you might have heard the expression, house poor. Many of us are familiar with the term and understand it carries negative connotations, yet we do not know wh...
For many first time buyers, saving for a down payment is one of the most challenging steps in fulfilling their dream of purchasing a home. Oftentimes, they know they can afford their potential monthly mortgages (which could be less or equ...
If you're looking to make buying your first home your biggest goal this year, it’s crucial that you lay the groundwork as early as you can. And it’s important, especially in today’s competitive housing market. Fortunately, there ar...