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, …

A Home Buying Timeline: Map Out Your Home Buying Journey

Buying a home is exciting without a doubt – and contrary to what most people think…it can be a pretty simple endeavor. There are mortgages to get approved for, and decisions to make, such as a community and home to invest in, so some advance planning is helpful. Here’s a look at how to best plan your home purchase: Prior to writing a contract Improve your credit score: Credit scores are based on how well you pay your bills, your previous payment history, and how much you owe. So check your credit score – if it’s unsatisfactory, take measures to …

Newlyweds, Part 3: Preparing for the Big Close!

In our previous installments in this series, we discussed the pros and cons of both buying a starter home and buying a forever home. But now, that you’ve decided on that dream home, there are a few items that you will need to complete before moving in….or going to… “ The Closing.” One of the items is getting all the needed documents to your lender. At Home Creations, you can choose one of our participating lenders , and they have tons of experience with first time home buyers. You can rest assured they will not change terms and that they …