Buying a house can be a confusing and complicated process, especially for first-time buyers. So many unfamiliar terms, practices, and procedures; so many rules and regulations to follow. Of course, it’s all worth it in the end, when you finally get the keys to your new home and take possession of it, but in between, the process can seem full of convoluted twists and turns.
Lenders use many factors to evaluate a customer’s loan application, and credit scores are one important factor. Based on the information in your credit report, a credit score is generated. The better your credit is, the more likely it is you will be approved for a loan, at the best possible interest rate the lender has to offer.
The Memorial Day holiday has a long and complicated history. It was originally begun as a way to honor the fallen soldiers of the Civil War. However, during World War I, the United States found itself once again involved in another major conflict, and the holiday evolved to commemorate American military personnel who died in all wars – currently including World War II, The Vietnam War, The Korean War, and the wars in Iraq and Afghanistan.
When most people think of investing their hard-earned money into a home upgrade or remodel, they generally think of adding a deck, or expanding a bathroom, or remodeling a kitchen. Landscaping is rarely top of mind.
Is your current home your "dream home"? Could it be time for a bigger (or smaller) dream home? There is a lot of pride that comes with owning a home and having a place to raise a family. Also, homeownership may be an effective way to build long-term wealth, and there are other financial incentives that come with owning a home as well.
As we all know too well, most of us are spending more time at home these days due to the pandemic. It turns out that the more time people spend at home, the more they notice flaws and defects that could be improved.
This year, even during this time of uncertainty, CCF is continuing to fulfill our commitments to the organizations and Veterans we support. We wanted to share updates on our upcoming REACT Virtual Event, the Round Up Program, and Veteran homes in progress.
You’ve been thinking of buying a home… You’ve been checking out houses for sale in the neighborhood, pinning dream kitchens on your Pinterest, and wondering just how much you’d need to save for a down payment on a mortgage.
You’ve got questions… we’ve got answers!
Mortgage down payments are important for first-time and experienced homebuyers alike. When starting the home buying journey, everyone pauses to ask themselves, “How much do I need for a down payment to afford the home I want?” While the question can sound daunting and the answer may vary, ranging from a low down payment to a bit less than 20% down. it’s important to understand what a down payment means for you before moving forward with buying a home.
