Happy family celebrating making a down payment on their new home
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Using Gift Money for a Down Payment on a Home

For many aspiring homeowners, especially those eager to become first-time buyers, the dream of owning a home can feel just out of reach. Until a generous gift changes everything, that is. Whether a family member wants to help you build your future or you’re considering asking for support, gift money for a down payment can…

Homeowner calculating home equity loan with papers and calculator
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Borrowing Home Equity: What’s Ideal for You?

Rising home values in 2022 and into 2023 have contributed to overall market volatility and made it more challenging to be a buyer. However, this real estate market has proven to be a boon to many homeowners who are content to stay put. That’s because higher home values mean they have more equity than ever….

Advice for Buying a Home with Student Loan Debt

Tips for Buying a Home With Student Loan Debt

On August 24, 2022, the Biden Administration announced a final extension to the student loan repayment pause, a federal student loan forgiveness program for borrowers who meet certain income and eligibility requirements, and new income-driven repayment plans for current and future borrowers. For more information or to find out if you qualify, visit StudentAid.gov. This…

Illustration showing self-employed person reviewing financial documents

How to Get a Mortgage Loan When Self-Employed

If you’re buying a home when self-employed, you’ll likely have a more challenging path to getting a mortgage than someone with “traditional” employment. Your mortgage lender will require additional documentation, mainly to help prove that your employment and income are stable and reliable. The good news? With a bit of planning and preparation, you can…

Homebuyers and realtor finding a starter home

How to Find & Buy a Starter Home in a Competitive Market

Congratulations on embarking on your journey to purchase your first home! As you start your search, you might wonder where all the starter homes are and how to compete amidst multiple offers. The housing market currently faces a shortage of starter homes in popular areas. Low inventory and high demand are driving up prices, creating…