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

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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Home Buying Lingo You Need to Know
Home Buying Lingo You Need to Know

The home-buying industry is full of acronyms. It can be hard to keep up, so we’re here to help! Learn the lingo before going through the home buying process so you sound like a pro. Here are some of the most important acronyms you need to know: APR (Annual Percentage Rate): The APR is simply […]

May 01, 2020
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DTI Ratio: What it Means for Your Mortgage, and 5 Ways to Improve it!
DTI Ratio: What it Means for Your Mortgage, and 5 Ways to Improve it!

What Does DTI Ratio Mean for your Mortgage? The debt to income ratio is a calculation of the percentage of your monthly debt payments, compared with your gross (pretax) monthly income. Monthly debt payments include mortgage payments, car payments, and any other minimum loan or card payments. Living expenses like gas, groceries, and utilities are […]

April 16, 2020
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Down Payment Tips for Gen Z
Down Payment Tips for Gen Z

Are you a Gen Zer unsure about your financial responsibility when it comes to buying a home? Are you worried about if you have enough saved for your down payment? Buying a home doesn’t have to be an overwhelming process or a financial drain. How should you prepare? 1. Down Payments Down payments seem to […]

March 12, 2020
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New Year, New Goals! Tips for Improving your Credit Score in 2020.
New Year, New Goals! Tips for Improving your Credit Score in 2020.

If you’re considering purchasing or refinancing a home, it’s a good idea to look at your credit score first. Your credit score will directly impact your interest rate and the loan programs that you qualify for. When it comes to a home loan, improving your score can save you money and give you a larger […]

January 30, 2020
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Mortgage Interest Credit
Mortgage Interest Credit

Depending on your annual income, you may qualify for a mortgage interest credit. In order to receive this credit, you will need a Mortgage Credit Certificate (MCC). The IRS will require the MCC in order to grant the interest credit so be sure to speak with a Loan Officer to find out if you qualify. […]

January 23, 2020
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PreScreen Opt-Out
PreScreen Opt-Out

Under the Fair Credit Reporting Act, Consumer Credit Reporting Agencies can share lists that contain the information of people who had recent credit inquiries, such as with mortgage applications. Companies, and sometimes individuals, purchase those lists with the intention of soliciting and selling additional credit and loan services, known as “Firm Offers”, to the unsuspecting […]

December 10, 2019
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What’s the Best Home Loan Option for Me?
What’s the Best Home Loan Option for Me?

As a homebuyer, your mortgage is specific to your situation and lifestyle. There are many different factors to consider when thinking about which home loan option is best for you. While one buyer may be comfortable paying a 20% down payment, another buyer may need down payment assistance. How long you plan on living in […]

April 26, 2019
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