Blog

Home Sales (and Demand) are on the Rise this Spring

Posted by Home Point Financial on May 26, 2016

In March, we saw a 5.1% jump in total home sales. That is up from last year at this time, and speaks to the growing demand for homes. This figure was bolstered by big gains primarily in the Northeast and Midwest regions of the United States....

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Roadmap to Buying Your First Home

Posted by Home Point Financial on May 25, 2016

Buying your first home is a momentous occasion. Such a huge accomplishment does not come easy; it takes...

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3 Answers to Your Questions About Rate Locks

Posted by Home Point Financial on May 24, 2016

Securing a rate lock is a smart decision when buying a home. When deciding if you want to get a rate lock, you will probably run across a few questions. At Home Point Financial, we want you to be confident in your decision to secure a rate lock....

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Home Design Tips for the Non-Designer

Posted by Home Point Financial on Apr 28, 2016

You don't have to be an interior designer to have an incredible looking home. We love these easy interior design tips that will take your home from drab to fab in no time at all!...

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First Time Homebuyers: What Can You Afford?

Posted by Home Point Financial on Apr 25, 2016

When first time homebuyers come into our office, one of the most common questions they have is regarding what price tag they can afford on a home. This is a critical question that will need to be answered to help buyers develop a budget, look for a home, and determine how much money they will need to borrow....

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What is an LTV Ratio?

Posted by Home Point Financial on Apr 22, 2016

LTV stands for Loan-To-Value ratio. This is a term you may hear thrown around by lenders to express the ratio of a loan, to the value of the property you are looking to purchase. Lenders and banks will use this term to assess the risk associated with lending money for a mortgage. For example, a high LTV ratio is seen as a higher lending risk than a low LTV ratio....

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FHA Loan: Are you Eligible?

Posted by Home Point Financial on Apr 20, 2016

A Federal Housing Administration Loan (FHA loan) is designed to help prospective homeowners who don’t qualify for conventional mortgages. With FHA loans, there is a much lower down payment required, and more lenient credit underwriting....

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Keeping Your Home Safe While on Vacation

Posted by Home Point Financial on Mar 24, 2016

As we approach Spring Break, and with summer right around the corner, it’s time to think about vacation! So much thought goes into vacation, from where to go, to what to pack, to what activities you are going to embark on....

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How Long Does It Take to Buy A Home?

Posted by Home Point Financial on Mar 16, 2016

Are you just beginning to entertain the idea of buying a home? It is a lot to think about; it will take time, planning, and patience. However, nothing will feel better than moving into a place that you can call all yours....

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4 Tips for Saving for a Down Payment

Posted by Home Point Financial on Mar 11, 2016

Image via Flickr The reason most renters don’t make the move from renting to home-ownership is the...

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What Style Home Best Suits Your Lifestyle?

Posted by Home Point Financial on Feb 24, 2016

With so many different styles and types of homes you will hear about in the real estate market, it might...

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What To Consider When Buying a Fixer-Upper

Posted by Home Point Financial on Feb 17, 2016

Some people can only consider moving into a home that is already the home of their dreams. Others are able to imagine the possibilities of a home that others might pass right by. If you are considering buying a fixer upper, it is important to note that it isn’t an easy task....

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A Romantic Valentine's Day Date, At Home

Posted by Home Point Financial on Feb 10, 2016

Sometimes, Valentine's Day seems like a day for overpriced meals, crowded restaurants, and overdone date...

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Renting in 2016 is Going to Cost You

Posted by Home Point Financial on Feb 4, 2016

Rents are on the rise, and it doesn’t look like they are going to go down any time soon. Since 2000, we...

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Say Goodbye to Cabin Fever

Posted by Home Point Financial on Jan 28, 2016

Even though the winter can sometimes prevent us from leaving the house, it doesn’t mean we can’t have a good time inside with our family. Don’t make being stuck inside a burden. Enjoy these fun indoor winter activities you and the whole family can enjoy....

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