by Mark Maldonado | Mar 18, 2025 | Home Buyer Tips
When applying for a mortgage, lenders evaluate several factors to determine your loan eligibility. One of the most critical metrics is your Debt-to-Income Ratio (DTI). Understanding how DTI impacts mortgage approval can help you better prepare for homeownership and...
by Mark Maldonado | Feb 13, 2025 | Home Buyer Tips
When considering homeownership, many potential buyers wonder: Will getting a mortgage help my credit score? The answer is yes—if managed correctly. A mortgage is a major financial commitment, but it can also be a powerful tool for building and maintaining strong...
by Mark Maldonado | Jan 23, 2025 | Home Buyer Tips
Have you ever calculated how much rent you’ve paid over the years? It’s a staggering number. According to studies, the average American spends between $133,000 and $155,000 on rent in just six to seven years. Let’s break that down and explore what it...
by Mark Maldonado | Jan 17, 2025 | Home Buyer Tips
Mortgage rates play a significant role in determining how much home you can afford. These rates influence the cost of borrowing money for your mortgage, which directly impacts your monthly payment and, ultimately, your home buying power. The Impact of Mortgage Rates...
by Mark Maldonado | Dec 5, 2024 | Home Buyer Tips
When you’re buying a home, one important component of the real estate contract is the appraisal contingency. This clause protects the buyer in case the property’s appraisal comes in lower than the agreed-upon sale price. While it’s a common part of...
by Mark Maldonado | Dec 3, 2024 | Home Buyer Tips
As the year draws to a close, it’s the perfect time to take a step back and review your financial health, especially if you plan to purchase a home next year. Whether you’re a first-time buyer or looking to upgrade, proper preparation can make all the...
