Finance the purchase of a new home – loans

Let’s talk about loans. Before finding your dream home, it is important to get in contact with a lender to see what you can afford. The lender will talk to you about financing options and which loan will be the most beneficial for you. There are several loan types when considering purchasing a new home: FHA, conventional, VA Loan, USDA loan and the list goes on.  Let’s dive deeper into the USDA loan. The USDA loan is a government sponsored program that is designed for families who want to move into rural communities. The government finances 100% of the home …

Home Creations Lending Tips

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4 Things Every Homebuyer Should Know About Mortgages

Whether it’s your first new home or your fifth, you probably have questions about financing. We sat down with Peggy Luster of First Mortgage Company, a Home Creations participating lender, to discuss 4 things every homebuyer should know about getting a mortgage 1.The first thing you should do is pull your credit score. Lenders base the decision off FICO scores. It costs $25 for a full report, which is always the basis of a mortgage decision, in conjunction with income. By pulling your report before you start the process, you will be able to get down to business faster once …

Financial independence: you don’t have to do it alone!

How the right loan program can help you achieve financial independence A brand-new home is one of the most exciting purchases you’ll ever make. Knowing that a space is truly yours is one of the most gratifying part of achieving financial independence – but you don’t go into buying your first home alone. We’re not talking about your spouse or family. Nope, we’re talking about loans. In preparation for celebrating Independence Day, we’ll show you how having a bit of help during the home buying process can make you more financially independent. Aren’t loans inherently bad? Many of us have …

How to Choose the Right Homeowner’s Insurance Policy

It doesn’t matter if you have just purchased your first home or are nestling into your retirement home: there is something incredibly exciting about having a place to call your own. The thrill of homeownership is memorable, and so is the responsibility of owning your personal piece of the American dream. One of those responsibilities is homeowner’s insurance. The process of choosing a policy can be intimidating – but don’t think of it as shopping for insurance. Instead, think of it as shopping for peace of mind. Knowing that you are covered in the event that a storm blows through, …