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.
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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
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.
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
What Should You Put On Your Mortgage?
In the process of buying your new home, have you considered purchasing some items, such as appliances, to save money on your mortgage? It might be time to reconsider that idea.
The Mortgage Process: A Step-by-Step Look and Checklist
Here is a step by step look at the mortgage process, a full guide to securing financing for your new construction home.
The Mortgage Process: A Step-by-Step Look and ChecklistRead More
Home Shopping? Get Preapproved First
Getting pre-approved for a home loan is preferred over a pre-qualified. Why? Because pre-approval puts you one step closer to purchasing the home of your dreams.
How to Repair Your Credit So You Can Get a Mortgage
Building or repairing your credit score means learning to use credit cards responsibly. An improved credit score means better rates on mortgages.
How to Repair Your Credit So You Can Get a MortgageRead More
Can Your Family Help Pay for Your Mortgage?
Can’t get a mortgage from traditional lenders? Intra-family financing may be a solution to your homebuying dreams.
20 Creative Ways First-Time Buyers Can Save for a Down Payment
NewHomeSource has some fun ways to save up for the down payment, so you can invest in your first home.
20 Creative Ways First-Time Buyers Can Save for a Down PaymentRead More
Debunking Down Payment Myths
Financing a new home, especially the down payment, can bring a storm of questions. Professional advice can smooth it all over by debunking the myths.
Upcoming Mortgage and Settlement Changes: What You Can Expect
NewHomeSource has everything you need to know about mortgage and settlement changes in your home loan processes.
Upcoming Mortgage and Settlement Changes: What You Can ExpectRead More
What is Trended Credit Data?
The use of trended credit data may mean a new home for those on the cusp of home lending credit standards.
Buying and Selling at the Same Time? How a Bridge Loan Can Help
Buying and selling a home simultaneously can be financially stressful, but bridge loans offer a potential solution. NewHomeSource looks at how bridge loans can help you get out of one home and into the next more easily.
Buying and Selling at the Same Time? How a Bridge Loan Can HelpRead More
How Credit Scores are Tabulated – And What That Means for Homebuyers
NewHomeSource shows you how your credit score gets calculated, so you can get it ready before you apply for the mortgage for your new home.
How Credit Scores are Tabulated – And What That Means for HomebuyersRead More
Why, How and When to Check Your Credit Report
Check your credit score before you start applying for home financing. It isn’t scary, you can check your credit score easily and for free.
Your Credit Score: How to Manage It (Or Repair If Necessary)
Your credit score plays a major role in the home financing process. NewHomeSource has tips on managing and repairing your credit score before your apply for a mortgage.
Your Credit Score: How to Manage It (Or Repair If Necessary)Read More
Reasons for Buying a House in the USA for Non-Residents
If you’re on the fence about buying a house in the United States as a non-resident, here are a few reasons why the investment is worth it.
Reasons for Buying a House in the USA for Non-ResidentsRead More
Financing a Condo 101
Learn the ins and outs of financing a new condo. NewHomeSource has all the information you need to easily get a mortgage for your new condo.
My Credit Isn’t the Best, Can I Still Purchase a New Condo?
You want to buy a new condo, but you’re worried your poor credit rating will stand in the way. But you do have options available to help get you into that new condo.
My Credit Isn’t the Best, Can I Still Purchase a New Condo?Read More
Boost Your Credit Score To Land the Home of Your Dreams
Your credit score is the most important factor in getting favorable mortgage terms. New Home Source shares 6 tips for boosting your credit score and getting you into the home of your dreams!
Boost Your Credit Score To Land the Home of Your DreamsRead More
How to Finance a Manufactured Home
Learn the ins and outs of financing a manufactured home, so you can make your affordable new home a reality.
8 Ways to Improve Your Credit Score
Ready to buy a new home but not sure about your credit situation? We’re sharing 8 ways you can boost your credit score before applying for that home loan.
Three Little Numbers: Understanding Your Credit Score & Why It Matters
Your credit score determines whether you can obtain that new home mortgage, how much you can borrow, and what interest rate you’ll pay. Here’s what you need to know to obtain, manage and even improve your credit score.
Three Little Numbers: Understanding Your Credit Score & Why It MattersRead More