Last Thursday afternoon was humming along when my phone rang. It was a past client. She sounded stressed. “Hey, are you still in the mortgage business?” she asked. “Why yes!” I said. “I’m about to lose $50,000 because these people can’t get my loan closed, and my contract expires in a week”. Yikes. The Anatomy of a $50k Mistake Our client thought they were in a good spot. They were selling their prior home and had PLENTY of money to put down on the new one. So much, in fact, that they gave the seller a $50k deposit! The problem [...]

It’s hard to really put down roots with your family when you’re renting. It’s someone else’s house. You know it & the kids know it. For families with kids, buying a home is so important to really establishing your “story” as a family. You can start to really make friends. It’s where you create memories. What does a first time homebuyer look like? Alot of first time homebuyers we see are young people just starting out. Maybe they’re single and buying a home. Sometimes they’re soon-to-be or recently married. Every once in awhile we hear from a family with children [...]

There’s a reason we believe in choosing a lender before looking for a home. It’s because if you don’t know exactly what you can afford, you’re wasting time looking for a house. We recently had a young man come to us who desperately wanted to buy a home. The problem? He didn’t have any money saved. For most lenders, the lack of a down payment might be a problem. Not for our team! We completed his preapproval and matched him up with an incredible government-sponsored down payment assistance program which granted him $5,000 to use toward the down payment and [...]