Full Transcript is Below: – [Narrator] If you’ve been thinking about purchasing a home and applying for a mortgage, one of the terms you may hear is DTI. But what is DTI? DTI, or debt to income ratio, is a percentage calculated by dividing your monthly...
Full Transcript is Below: – If you’re thinking about refinancing your home here are the four steps that will take you from application to close. First the Application. After we determined that refinancing your home will be beneficial, we start the...
Full Transcript is Below: – Buying a home requires time and preparation. Here is a helpful timeline to follow. 18 months out, create a household budget, figure out your monthly expenses and how much is leftover. See if there is anything you can cut out or debt...
Full Transcript is Below: – [Narrator] Are you a current or former military service member, or the spouse of a veteran? If you’re thinking about purchasing a home, one of the options that may be available to you is a Veterans Affairs or VA loan. A VA loan,...
Full Transcript is Below: – [Narrator] Of the many home loan programs available to first-time home buyers and those with less-than-perfect credit, one of the most popular is an FHA loan. An FHA loan is a mortgage backed by the Federal Housing Administration...
Full Transcript is Below: – [Narrator] Coming up with the down payment on a new home may seem like a daunting task, but there are many options available to you. Of the different loan programs we offer, perhaps none is more advantageous to a first-time home...
