Buy a home in Maine? Here’s what homebuyers need to know about closing costs and how to save on this step in the homebuying process.
Financing
Your 2021 Guide to Closing Costs in Illinois
Ready to buy a home in Illinois? While you may have a down payment, here’s how much you should be saving up for closing costs in the Prairie State.
Your Guide to Closing Costs in Hawaii
Closing costs can run high in Hawaii, so if you’re moving to the Aloha State, here’s how much you should be saving up.
Everything You Need to Know About Closing Costs in Georgia
If you’re a homebuyer ready to make a home in Georgia, you’ve got some saving up to do. Here’s how much closing costs are in the Peach State.
Everything You Need to Know About Closing Costs in GeorgiaRead More
Guide to Idaho Closing Costs
Ready to buy a home in Idaho? While you may have a down payment, here’s how much you should be saving up for closing costs in the Gem State.
Closing Costs in Delaware
If you’re a homebuyer planting roots in Delaware, make sure you’re saving up not just for a down payment for your new home, but for closing costs, too. Here’s how much closing costs may cost homebuyers in The First State.
Your Guide to Closing Costs in California
Welcome to the Golden State. If you’re a homebuyer ready to call California home, make sure you’re saving up to cover the closing costs.
Your Guide to Closing Costs in Alabama
Ready to make Alabama your sweet home? Paying for closing costs is one of the final hurdles in the homeownership process after securing a mortgage; here’s what to expect.
6 Things to Know About Homestead Exemptions
Homestead exemptions can protect homeowners from the forced sale of their home to pay off creditors during financial hardship, keep seniors in their homes, and offset your property tax bill. Let’s look at six things you need to know about this exemption.
10 Documents Homeowners Need During the Home-Selling Process
A big part of the home-buying and homeownership process is paperwork. To help you get familiar with what’s in store, here’s a look at the 10 key documents you’ll come across in the home-selling process that will help you get acquainted with every detail of your home.
10 Documents Homeowners Need During the Home-Selling ProcessRead More
How to Calculate Your Mortgage Payment
Before you start shopping for homes, it’s best to know how much home you can afford. NewHomeSource outlines what you need to know to calculate a mortgage and to help determine how much loan you may qualify for.
Private Mortgage Insurance: 6 Things Every Home Buyer Should Know
Private mortgage insurance could help you get qualify for a conventional mortgage and get you into your dream house — but is it worth it? Here are 6 things every home buyer should know about PMI.
Private Mortgage Insurance: 6 Things Every Home Buyer Should KnowRead More
Is an Adjustable-Rate Mortgage a Smart Move for Your Home Purchase?
An adjustable-rate mortgage may be the smart way to go when buying a home, but it’s not without risk. NewHomeSource looks at the pros and cons and whether an ARM could be right for you.
Is an Adjustable-Rate Mortgage a Smart Move for Your Home Purchase?Read More
8 Creative Ways Gen Zers Can Start Saving for Their Home Purchase Today
Here are eight creative ways that Millennials and Gen-Zers can start saving up for their first home that won’t destroy your lifestyle.
8 Creative Ways Gen Zers Can Start Saving for Their Home Purchase TodayRead More
What to Know About Builder Allowances
If your builder offers you allowances, like on flooring that you plan on purchasing elsewhere, it’s important to know the limitations of these deals.
What is Single-Close Financing and Why You Should Consider It When Building New
A construction-to-permanent financing automatically switches to permanent financing once your home is completed. It’s important to choose the right builder before you take on such a loan.
What is Single-Close Financing and Why You Should Consider It When Building NewRead More
Understanding Your New-Home Sales Contract
Understand your new home sales contract. NewHomeSource interviews Realtor Brian Rayl and Broker Dianne Langston to figure sales contracts out.
Escrow Accounts Explained
Most people wonder why escrow accounts are necessary. An escrow account allows homeowners to pay bills, such as property taxes and homeowners insurance, over a 12-month period, rather than in one lump sum.
Down Payment Assistance Programs: How to Find Help to Buy a Home
A down payment assistance program or homeownership program can help first-time buyers purchase a home sooner than they expected. There are a variety of programs out there to help.
Down Payment Assistance Programs: How to Find Help to Buy a HomeRead More
The House Closing Process in 9 Steps
NewHomeSource breaks down the nine steps that happen when you close on your new home.
Buyer’s Guide To Builder Closing Cost Incentives
Closing on your home is the final step to your journey to homeownership. NewHomeSource breaks down everything you need to know about closing costs, and builder closing incentives.
How Much Mortgage Can I Afford?
Find out how you determine how much mortgage you can afford for your first home.
First-Time Homebuyer Qualifications
You don’t always have to be a first-time homebuyer to qualify for down payment assistance programs.
How Much Do You Need for a Down Payment on a House?
How much of a down payment do you really need to buy a house? While the answer is situational, the typical range for a new home down payment is 3.5 percent to 20 percent.
How Much Do You Need for a Down Payment on a House?Read More
New Home Construction: Loans and Financing
Financing a new home can seem confusing. NewHomeSource has your guide to financing your home, from how to choose a lender, the types of available loans, to figuring out credit scores.
How to Apply for a Mortgage When you are Self-Employed
If you’re self employed, you can still get a mortgage for your new home! NewHomeSource has tips and tricks so the self employed can secure home loans.
How to Apply for a Mortgage When you are Self-EmployedRead More
Builders Give Back: Level Homes Helps Nonprofit Give Wounded Veteran Free Home
Builders give back! Level Homes helps nonprofit Operation Coming Home give a wounded veteran a free home.
Builders Give Back: Level Homes Helps Nonprofit Give Wounded Veteran Free HomeRead More
Obtaining a Mortgage: How to Plan and What to Expect
Homeownership is a real possibility if you do a little research and prepare your credit for the rigorous mortgage application process.
Obtaining a Mortgage: How to Plan and What to ExpectRead More
Creative Ways to Save for a Down Payment on a Home
There are lots of ways to save for a down payment for a home, particularly if you look outside the box.
Your Credit Report: A Vital Step in Obtaining a Mortgage
A key to successfully navigating the mortgage application process is to check your credit report to ensure it’s accurate. If it isn’t, you can take action to get it corrected.
Your Credit Report: A Vital Step in Obtaining a MortgageRead More