When you buy, sell, or refinance a home, closing costs are a major part of every transaction. Unfortunately, this can also be costly as many different mortgage fees and closing costs are required to transfer the home into your name. But what do closing costs include? Are taxes included in closing costs? Are any of
Homeowners looking to change their mortgage terms or reduce their interest rates often turn to home refinance loans. Unfortunately, many homeowners find that their homes have dropped in value or live in an area where home values are stagnant. This often means that the homeowner has lost value in their home, and they do not
Many assume that FHA loans are only for first-time homebuyers. While first-time buyers do make up the majority of borrowers that take advantage of these loans, the fact is many borrowers who already own a home or have in the past can take advantage of the benefits associated with an FHA loan. But can you
When you buy a home, the necessary paperwork for a mortgage application and underwriting can often seem overwhelming. Having a mortgage loan closing documents checklist can help make this process easier and help ensure you have everything ready before it is needed. Here, we provide all the typical loan information necessary for your application and
If you are looking to change your mortgage terms or lower your interest rate, you may consider a home refinance loan. This is a wonderful option for many. However, what if you live in an area where the property values have dropped? A traditional refinance loan requires a minimum of the existing home equity, and
Emergency medical service (EMS) personnel, such as paramedics and emergency medical technicians (EMT), selflessly give their service to protect and take care of their community every day. Unfortunately, homeownership is often just out of reach despite the vital role they play. However, thanks to special EMS mortgages and mortgage loans for paramedics, many first responders
The home buying process can be stressful for everyone and, in many cases, may seem intimidating. This is especially true for first-time homebuyers. However, as a government employee, you are eligible for many different home mortgage programs that can make the buying process so much easier and have you enjoying homeownership in no time at
Do you think homeownership is out of reach? What if we told you that you could buy a home for half the cost of the listing price and a $100 down payment? You would likely say we’re crazy, but the fact is, buyers eligible for HUD’s Good Neighbor Next Door Program (GNND) can do just
Whether you are looking to move out for the first time or deciding it may be time to leave the roommates and find a place of your own, figuring out how much rent you can truly afford is the best place to start. What percent of your paycheck should go to rent? How much do
Do you ever feel like you pay too much rent for space you don’t use? You aren’t alone. There are a lot of positives to downsizing your space to what is considered to be a micro-apartment. These units are between 300 to 500 square feet and are usually located within the heart of a community.
Key takeaways Hard credit inquiry for home loan can affect score by 2-5 points. Multiple lenders can check credit for same loan within 45 days without multiple hits. Check own credit before talking to lender to ensure accuracy and identify errors or fraud. Hero Home Programs™ lenders help improve credit score for best loan benefits.
Moving to a new city is already daunting enough. You’ve got the job, and now you’ve got to find a place to live. It may seem easy, but there is so much up in the air that it can be overwhelming. There are many reasons that you may relocate for a job— military, healthcare, and
If you are a healthcare worker—a nurse, doctor, therapist, medical assistant, etc—buying a home is no easy task. Especially after the pandemic and still working through the waves, you have sacrificed enough time and energy to focus on other people. Now, it is time for you to take some of that back—in a house you
You answered the call to make the ultimate sacrifice, but that shouldn’t have to be affordable housing. When you or your spouse is in the military, you have enough on your plate to worry about. Trying to buy a house can feel like another level of stress piled on top of that. Hero Home Programs™
It can be hard to decipher what’s legit and what’s a waste of time when it comes to home loan programs. And far too often, it’s not until it is too late do you ever find out that it’s a waste of time. So, maybe you’re hearing about Hero Home Programs™ and what they do,
Teachers are some of the most integral parts of society and are great community leaders. They shape the next generation of thinkers and innovators. All in eight hours a day for five days a week. Especially after the pandemic, we’ve all come to understand how important of a role they play in the world. And
When it comes to buying a home for the first time, it can feel overwhelming. You may even feel a little stranded, confused, and not sure where to turn for help. But there is help for first-time homebuyers. Hero Home Programs™ can help those looking to purchase their first home! There are a lot of
Buying a home can be a mix of excitement, anticipation, confusion, and even frustrations. Add in that programs that are supposedly designed to help homebuyers but just add more confusion and stress. Trying to sort through what programs are worth it and not can be a tough challenge. Hero Home Programs™ is one of those
What’s the difference between getting pre-qualified versus pre-approved? In this video, we’ll break down the differences between pre-qualification and pre-approval, and what those differences mean for YOU and your home buying journey. ✔️ What are the differences between pre-qualification and pre-approval? ✔️ How do I go about getting pre-qualified or pre-approved? ✔️ What are
What do you stand to gain from your home refinance? In this video, we’ll break down the top 3 benefits to refinancing your home. ✔️ How can refinancing help you pay off credit card debt? ✔️ What are some of the best ways to save thousands of dollars when refinancing your home? ✔️ How
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