Tag: lender

HOMEOWNERSHIP: ARE YOU READY?

Are you ready to become a homeowner? Let’s talk about taking the homeowner’s journey. This is probably one of the most important decisions, and one of the biggest financial investments that you will ever make in your lifetime. Once you begin to work with your lender, who will determine the amount of your buying power, the lender will provide you with a pre-approval letter. Hopefully, you have already identified an agent or brokerage that you […]

First Time Home Buyers Loans: Understanding Capacity in the Lending landscape

Getting ready to buy your first home? Chances are, you need a mortgage to make the purchase. In this series, we will look at the basic 4 Cs of lending. In this first blog of the series, we will explore the first ‘C’ which stands for capacity. Getting a mortgage for your home purchase will be based on many factors, including the risks that the lender is willing to take on.  The specific requirements to […]