by Tracy Ruby Team | Jun 26, 2024 | Conventional, FHA, Home Loans, Homebuyers, Supreme Dream
Understanding Down Payment Assistance Programs When it comes to buying a home, one of the most common misunderstandings is that you need at least a 20% down payment. This misconception can discourage potential buyers, especially first-time homebuyers, from pursuing...
by Tracy Ruby Team | Jun 20, 2024 | Home Loans, Homebuyers
Ease into a Mortgage with a Temporary Interest Rate Buydown In today’s mortgage market, finding ways to make homeownership more affordable is key. One effective option is a temporary rate buydown mortgage. What is a rate buydown and how can it benefit borrowers? Let’s...
by Tracy Ruby Team | Jun 13, 2024 | Homebuyers
Condo financing is an exciting and rewarding experience, especially if you’re looking to purchase a dream home with low maintenance and community amenities. It’s important to understand how condo loans work to make an informed decision in your homebuying journey. Let...
by Tracy Ruby Team | Jun 10, 2024 | Conventional, FHA, Homebuyers
When it comes to financing your new home, choosing the right mortgage is so important – FHA loans, Conventional mortgages, down payment assistance – there are several options to choose from. Each loan program has its own set of guidelines, benefits, and...
by Tracy Ruby Team | Jun 5, 2024 | Home Loans, Homebuyers
Understanding a Bank Statement Loan For entrepreneurs and self-employed individuals, securing a mortgage can often be a challenge. Traditional home loans typically require W-2 tax returns and other documentation that may not accurately reflect the income of...
by Tracy Ruby Team | May 31, 2024 | Homebuyers, Homeowners
The Ultimate Mortgage DTI Handbook When it comes to securing a mortgage, understanding your finances has never been more important. One of the most important metrics lenders use when evaluating a borrower’s eligibility for a mortgage is Debt-to-Income ratio, commonly...
