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.
Mortgage
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
Should You Pay Off Your Mortgage Early?
Should you pay off your mortgage early? NewHomeSource explores the pros and cons of paying off your home loan early.
How to Start Saving For Your First Home
There are a number of ways that first time homebuyers and Millinnials can save for homeownership.
Prequalified vs. Preapproved: What Is the Difference and Why It Matters
A prequalification is a good start to the home loan process, but being preapproved means you’re almost home — literally. Getting preapproved means greater security and purchasing power for your home search.
Prequalified vs. Preapproved: What Is the Difference and Why It MattersRead More
Don’t Ignore the ‘Quiet Period’
It’s important that you don’t take on any new debt or make other changes to your financial profile during the “quiet period” — the time between your mortgage approval and the date you actually close on your house.
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.
Who Really Owns Your Home?
Before you decide how the title for your home will be held, you should explore all of your options and make sure you fully understand each.
Here’s What to Do — And What Not to Do — When Buying a New Home
Getting a home loan means understanding your credit, as well as the financing process and the many things that can ruin an approval.
Here’s What to Do — And What Not to Do — When Buying a New HomeRead More
How to Choose a Lender
When trying to figure out how to choose a lender, be sure to ask for references and to take your time to thoroughly investigate each prospective lender.
Is the Mortgage Interest Deduction in Jeopardy?
Do you benefit from the mortgage interest deduction? There are some possible changes coming along that you should be aware of.
Understanding Different Types of Mortgage Loans
As you save for a down payment, you may find that certain loan types don’t require 20 percent down. New Home Source outlines different home loans and how they can affect your wallet.
Three Ways to Ease Transition into a New House
NewHomeSource has three tips to transition into a new home if you have to sell your old home.
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
The New World of Virtual Mortgages
Virtual mortgages offer homebuyers a faster, more secure option than tradition paper-based mortgage applications.
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.
5 Ways to Buy a New Home with a Higher Mortgage Rate
As interest rates for home loans rise, NewHomeSource lays out five ways you can still buy a new home in this fiscal environment.
5 Ways to Buy a New Home with a Higher Mortgage RateRead More
Is a Reverse Mortgage Right for You?
NewHomeSource explores what a reverse mortgage is, and if it could make sense for you as you enter into retirement.
Mortgage Glossary
Find out everything you need to know about your home mortgage with NewHomeSource’s Mortgage glossary.
How Do I Start the Home Search?
You’re ready to buy – woohoo! The rest is easy, right? Not necessarily. Beginning the house search can be quite the undertaking; here’s our tips to make it through unscathed.
What Happens When a House Offer is Rejected
The joy of finding a new home can be quickly dashed by notification the seller has rejected your offer. Learn more about why offers are rejected, and where to go from there.
How to Select the Right Financial Institution for Your New Home
Find the right financial institution to get the right mortgage for your new construction home.
How to Select the Right Financial Institution for Your New HomeRead More
Understanding Home Equity Conversion Mortgage (HECM) for Purchase Loans
Home Equity Conversion Mortgages helps Baby Boomers finance the purchase of their new retirement home.
Understanding Home Equity Conversion Mortgage (HECM) for Purchase LoansRead More
A First-Time Buyers Guide to Understanding the Construction Loan Process
First time homebuyers can get a construction loan to finance their newly built house. NewHomeSource breaks down what a construction loan is, and how you can get approved.
A First-Time Buyers Guide to Understanding the Construction Loan ProcessRead More
Getting a Mortgage With Student Loan Debt
Don’t let your student loans hold you back from homeownership. NewHomeSource breaks down how you can get a mortgage with student debts.
Don’t Think You Qualify For a Home Loan? Think Again
Don’t assume you can’t qualify for a home loan. NewHomeSource breaks down why some people don’t even bother trying to invest in a house.
Don’t Think You Qualify For a Home Loan? Think AgainRead More
How to Make an Offer on a House
Ready to make an offer on the home of your dreams, but not sure how to do that? Here’s a step by step guide on what you should include in your purchase offer.
Lennar is Paying Student Loans to Help Millennials Purchase Homes
Lennar Homes helps first-time homebuyers on their journey to homeownership by helping pay off student loans.
Lennar is Paying Student Loans to Help Millennials Purchase HomesRead More