by Jennifer Ferri | Sep 15, 2022 | Federal Programs
While they are both Federal Housing Administration mortgage loan programs, the 203(B) And 203(K) loans have some distinct differences. 203(b) is the most commonly used FHA program. It offers a low down payment, flexible qualifying guidelines, limited...
by Jennifer Ferri | Sep 8, 2022 | Home Ownership
No matter the time of year, it is incredibly important to keep your home safe from possible burglary. Without the proper precautions and protection, you may be placing both your property and family in harm’s way. So what can you do to increase the security of your...
by Jennifer Ferri | Sep 1, 2022 | Mortgages
We’ve all heard the phrase about ‘signing your life away’ when making a significant purchase, and while it certainly can feel that way, every last signature is important, as they serve as the buyer’s agreement to the terms of the purchase. These are the documents that...
by Jennifer Ferri | Aug 25, 2022 | Buying, Selling
Prior to officially purchasing a home, a contract is required stating that both buyer and seller are in agreement of the terms written therein. Though a lot of communication is verbal between these two parties, a verbal contract will not suffice in order to proceed...
by Jennifer Ferri | Aug 18, 2022 | Financing
There are a number of fees that make up the entire sum or your loan costs, so here’s the basic breakdown. Closing costs are fees paid when the title of the property is transferred to the buyer, making them the legal owner. Origination charges are fees...
