Just like getting into top physical shape, getting into homebuying shape takes time and determination. The best strategy to prepare: get organized and create a plan that will help you improve your financial fitness over time. It won’t happen overnight, but if your goal is to purchase a home in the new year, it’s never too early to get started. SHAPE UP YOUR CREDIT Just like stepping on a scale, checking your [...]
Just like getting into top physical shape, getting into homebuying shape takes time and determination. The best strategy to prepare: get organized and create a plan that will help you improve your financial fitness over time. It won’t happen overnight, but if you’re goal is to purchase a home in the new year, it’s never too early to get started. Here to coach you through the homebuying fitness plan is TowneBank Mortgage [...]
Buying a home should be an exciting milestone! But if you’re a first-time homebuyer, or even if you’ve bought a home in the past, it’s easy to feel overwhelmed by the entire process. That’s why we sat down with loan officer Chace Cooper, to give you a break down on exactly what happens throughout each step of the homebuying process. “Obtaining a mortgage is a sophisticated process,” Chace said. “The earlier you [...]
Preparing to qualify for a home loan is like preparing for a playoff game. During the season, you work to improve your credit score, save enough for a down payment, gather and organize all the necessary documents and search for homes within your budget. Once you’ve finally been approved, you might think the season is over and victory is yours! But, before you can take home the championship, there are still a [...]
In most cases, your parents know best. But when it comes to buying a house and your down payment, you may not want to follow every word of advice (sorry, dad). It's one of the questions most frequently asked by clients, and apparently, our parents are to blame! In many cases, putting 20% down is an old rule of thumb in real estate. People know they need to save money to buy [...]
Buying your first home can be an overwhelming process. These eight tips from our mortgage professionals will help take the stress out of home buying and make it an enjoyable experience.
