Up to 20% Homebuyer Assistance in Dayton

The HomeOwnership Center of Greater Dayton, in partnership with the City of Dayton, announced today that it will support first-time homebuyers purchasing in Dayton with up to 20% of the home’s purchase price in the form of down payment and closing cost assistance. Having funds for a down payment is often the biggest challenge faced by […]

Learn how to take care of your lawn mower

Time to Tune up Your Lawn Mower

You knew it was going to happen. Warm weather, sunshine, and rain are working their magic on your lawn and the grass is growing like crazy. Whether you like it or not, you are going to have to start mowing soon. Before you fill your lawn mower with gas and begin pulling on that handle, […]

Three steps to success when buying a home this spring

Three Steps to Success for Buying a Home this Spring

Low mortgage rates are attracting homebuyers in large numbers. According to the Mortgage Bankers Association, applications in the first week of March for loans from families buying a home this spring were up 30 percent from the year before. Meanwhile, according to the National Association of Realtors, the number of homes for sale is lower […]

Know Your Numbers

Know Your Numbers What are the 4 most important numbers that homebuyers need to understand? Watch the video and get to know the numbers that control your ability to buy and afford a home. If you would like to learn more about your credit score and the way in which it affects your mortgage payment, check […]

Do You Know Enough about the Homebuying Process?

Do You Know Enough about the Homebuying Process?

When you buy your first home, you have a lot to learn about the homebuying process and the decisions that need to be made along the way. You need to understand many new terms and make confusing decisions about mortgages, homebuyer programs, and more. What is PMI and will you have to pay for it? […]

Are You Being a Realistic Homebuyer?

Are You a Realistic Homebuyer?

You have been dreaming of buying your own home. You have your finances in perfect order. You have a good steady job and you are planning on living in the home long term. According to television, all you have to do is visit three homes, decide which big expensive house you want and somehow, all […]

Are you planning to live in your home for the next 5 to seven years?

Are You Planning to Stay in Your Home for 5 to 7 Years?

You know that buying a new home is expensive. However, you might not understand that a significant portion of that cost happens up front, when you close on the home. Transaction costs come in the form of title fees, home inspections, loan origination fees, appraisal fees, and other closing costs. Long term, these costs would be […]

Are you Mortgage Ready?

Are You Mortgage Ready?

Based upon your answers to the first two questions, you might have some idea about your ability to qualify for a mortgage. However, one of the most common mistakes that potential homebuyers make is to assume that they won’t qualify for a mortgage. Don’t assume that you wont qualify. Go ahead and meet with a […]

Have you saved enough money to buy a home?

Have You Saved Enough Money to Buy a Home?

Do you have enough money for a down payment, for closing costs, and to have an emergency savings fund? Typical mortgages will require you to have a down payment equal to at least 3% of the home’s purchase price. On the other hand, some specialty mortgage products (such as VA loans and Rural Development Loans) […]