To see how much you qualify for on a loan we are going to use your debt-to-income ratio. This is your gross monthly income, the house payment, and the payments showing on your credit report (we do not have to…
Do you actually have enough money for your home purchase? First, you do not need 20% down to purchase a home. Very few buyers put down 20% and there are great low down payment options out there. However, many buyers…
This is the part where a lot of people get stuck Where do you start the home buying (and pre-approval) process? It can be a simple phone call to go over your situation (here is my cell - 402.305.4824), but…
As soon as you think you may want to purchase a home, you want to get pre-approved. The best thing a buyer can do on a pre-approval is to start as early as possible. If there is an issue with…
If you are searching for a home, one of the first people you will talk to is a lender. The loan officer is the representative who will work with you to secure the loan for your home purchase, called a…
All the stories you have heard about a home loan are true... Well a lot of them. It is a complete, and sometimes frustrating, audit of your finances that continues right up to the close date. We will provide you…
Reinvesting some of your extra money back into your home If you find yourself with extra money in your bank account courtesy of something like the government-issued COVID checks or tax return from the IRS, it may be tempting to…
Mortgage approval is a full audit of your credit and finances. I am using the word audit deliberately to make it clear that this is a detailed review and will require exact documentation when it is requested. The two things…
Hiring a property manager can be great for your business If you are considering renting your home out, you have probably thought about the pros and cons of working with a property manager. While this added expense can cut into…
The most exciting and sometimes nerve racking part of the home buying process It is time to search for that home of your dreams and make an offer. Before hopping into the car with your realtor and looking at anything in…
