First Time Homebuyer

Top Tax Benefits of Owning a Home
Top Tax Benefits of Owning a Home 1024 536 patrickgardner

Owning a home will often be the most expensive and important purchase you will make in your life. To encourage home ownership, the IRS has provided several tax breaks for owning a home. Deductions lower your taxable income amount, and include things like mortgage interest,…

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Grants & Down Payment Assistance Programs
Grants & Down Payment Assistance Programs 1024 536 patrickgardner

A 2017 Zillow survey of 10,000 American adults found that two-in-three people who were then renting identified saving for a down payment as their biggest obstacle to homeownership. If you want to become a homeowner, but you don’t have enough cash for a down payment,…

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3 Keys to Buying a Home
3 Keys to Buying a Home 1024 536 patrickgardner

  Mortgage guidelines for first-time homebuyers have changed over recent years. In order to ensure loan approval, you need to have everything in order before your application. Credit Credit is very important for the first-time homebuyer. An FHA loan allows a lower credit score, sometimes…

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Pre-Qualification vs. Pre-approval
Pre-Qualification vs. Pre-approval 1024 536 patrickgardner

  Two often confused terms in the home buying process are a mortgage loan pre-qualification and a home loan pre-approval. Here’s what you really need to know about each one. Pre-Qualification A mortgage pre-qualification is simply an estimate of how much home you can afford…

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What’s the Point?
What’s the Point? 1024 536 patrickgardner

  Your financial house is in order and you’re ready to make your dream of homeownership a reality. Now it’s time to get a mortgage. So what are these so called “points” and is there a point in paying them? A “point” equals one percent…

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To Do After Closing On Your Home
To Do After Closing On Your Home 1024 536 patrickgardner

  After you finish signing at the closing of your new home, you’re handed the keys and the house is officially yours! But, there some things you should do to make sure the transition from your old place to your new address goes as smoothly…

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