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Expert advice, market updates, home tips.…it’s all right here! Check back often.

7 Ways to Avoid Mortgage Sabotage
7 Ways to Avoid Mortgage Sabotage

Homebuyers are often not aware of what can cause issues within the home loan process and potentially sabotage your goals. Read these tips to learn some ways to avoid home mortgage sabotage! Credit Cards and New Debt Do not apply for any new credit of any kind! That creditor will show up on your credit […]

April 21, 2021
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What is LTV and Why is It Important?
What is LTV and Why is It Important?

When researching the home buying and lending process, odds are you’ve encountered the acronym LTV at some point. But what does LTV mean and why does it matter? Read on to find out! What is LTV? LTV stands for loan-to-value ratio. Expressed as a percentage, LTV is the difference between the mortgage amount and the […]

April 14, 2021
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Managing Your Finances Before Buying a Home
Managing Your Finances Before Buying a Home

Buying a home is one of the biggest investments you’ll make in your lifetime, if not the biggest. There are things you can do to better prepare financially. Save for a Down Payment While there are loan options available that allow for little to no down payment, you may find that putting down the standard […]

March 17, 2021
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Government Home Loan Basics
Government Home Loan Basics

The United States government offers programs through various agencies which are designed to better serve borrowers who are in unique circumstances. Read on for more information about the most common government home loans available. FHA Loans The Federal Housing Administration, or FHA, insures FHA loans. FHA programs are available for borrowers with limited savings for […]

February 03, 2021
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15-Year Fixed vs. 30-Year Fixed Rate Mortgages
15-Year Fixed vs. 30-Year Fixed Rate Mortgages

As far as fixed rate mortgages go, you have two main term options: 15-year or 30-year. But what’s the difference between the two aside from how long they are? How do you know which option is right for you? Read on to find out!   What is a Fixed Rate Mortgage? A fixed rate mortgage […]

January 27, 2021
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Understanding Refinancing
Understanding Refinancing

Before you decide to refinance your home loan, it’s important that you understand how it works.  The process can seem confusing or overwhelming, but it doesn’t have to be. What is Refinancing? Refinancing is the process of replacing your existing mortgage with a brand-new loan. In short, it presents an opportunity to improve your current […]

January 13, 2021
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Why Pre-Qualifying for a Loan is Important
Why Pre-Qualifying for a Loan is Important

In order for the loan process to run smoothly, one of the smartest things to do is get pre-qualified for a mortgage. A pre-qualification is an estimate of how much you can borrow from a lender which allows you to explore loan options specific to your financial situation. Pre-qualifying for a loan before you go […]

December 26, 2020
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Selling Your Home During Winter
Selling Your Home During Winter

Many people believe winter is the most undesirable time to sell your home, but this doesn’t have to be the case. If you know what to expect, you can have just as much success selling your home during winter than you would any other time of year. Don’t be afraid to list during wintertime. Who’s […]

December 17, 2020
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How to Compete in Today’s Housing Market
How to Compete in Today’s Housing Market

It’s a hot housing market these days. That means there are more buyers looking to purchase homes than there are homes for sale, giving way to some strong competition. With the pandemic, more city dwellers and renters are looking to buy resulting in bidding wars and homes selling for more than the asking price. So […]

November 27, 2020
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How to Choose a Real Estate Agent
How to Choose a Real Estate Agent

Whether you’re buying or selling a home, your real estate agent is going to play an important role. Real estate agents perform a variety of tasks during real estate deals such as organizing the transaction, acting as a liaison between buyer and seller, and offering support to their client throughout each step of the process. […]

November 20, 2020
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When is the right time to buy your first home?
When is the right time to buy your first home?

Purchasing your first home is an exciting adventure with plenty of benefits. Homeownership can provide valuable tax breaks and offers an opportunity to build equity rather than spending rent money with no potential return. It is also an important personal and long-term financial decision, so it makes sense to prepare ahead of time and be […]

July 10, 2020
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Mortgage Calculators
Mortgage Calculators

Here at First Home Mortgage, we strive to deliver excellent customer service from the start. We provide tools and resources to better prepare you for purchasing or refinancing your home. Whether you’re buying a home for the first time, you’ve purchased before, or you are refinancing, you will have questions and concerns. “What will my […]

May 15, 2020
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