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The 3-2-1 Buydown: Your Homeownership Path

When it comes to buying a home, one money-saving trick you should know about is the 3-2-1 Buydown. It’s like a special deal on your mortgage that can make your life easier. Let’s dive in and learn what the 3-2-1

The 3-2-1 Buydown: Your Homeownership Path

When it comes to buying a home, one money-saving trick you should know about is the 3-2-1 Buydown. It’s like a special deal on your mortgage that can make your life easier. Let’s dive in and learn what the 3-2-1

Loan to Cost: Understanding LTC in Real Estate

When it comes to real estate investments, understanding the financial aspects is crucial. One term that frequently pops up is “Loan to Cost” or LTC. In this guide, we’ll break down LTC in simplified language, explore how it’s used in

Underwriting in Real Estate, a Simplified Guide

Buying a home can be one of the biggest decisions in your life. Have you ever thought about what goes on behind the scenes? Enter underwriting in real estate, a step in the home buying process that makes sure of

EMD in Real Estate, What is it and how is used?

Stepping into the world of real estate, you will encounter some puzzling terms like EMD, or Earnest Money Deposit. Let’s break it down, simplified for easy understanding. What Is EMD in Real Estate? EMD is akin to a handshake in

Understanding the Downpayment Toward Equity Act

What’s the Downpayment Toward Equity Act? So, let’s start with the basics. What exactly is this Downpayment Toward Equity Act? Well, it’s a government act aimed at helping people buy homes. It’s all about making it easier to get a

Mortgage Recasting: Reduce Your Monthly Payments

If you’re a homeowner, you might’ve heard the term “mortgage recasting” tossed around. But what does it truly mean, and how can it benefit you? In this guide, we’ll break it down without the complicated words and show you how

Offer Accepted Phase of Home Buying

So, you’re thinking about getting a home, and there’s this thing called the “offer accepted phase.” Sounds pretty official, right? Well, we’re here to break it down for you. Why the Offer Accepted Phase Matters This step is super important

Construction Loans for New Homes

Are you looking for information on construction loans? If you’re curious about building a home in Arizona, you might have come across construction loans. Don’t worry if it sounds a bit tricky; we’re here to break it down for you

DSCR Loan Requirements and More in Arizona

Are you looking for information on DSCR Loans? When you’re thinking about buying property or investing in real estate, it’s super important to know about different options and what you need to make them work. These loans are something that’s

HomeReady Loans: A Guide for Homebuyers

Are you dreaming of owning your own home one day? If so, you’ll need to find a way to pay for it. That’s where HomeReady Loans come in! These special loans are designed to help people buy homes, especially if

Home Appraisals: What You Need to Know

Learn why a home appraisal is important and how it works. Our comprehensive guide covers the appraisal process, guidelines, and typical costs. Discover how to get an accurate property valuation with our expert tips and advice.

Comparing FHA, VA, USDA, and Conventional Loans (2023)

Conventional Loans, FHA Loans, VA Loans, USDA Loans… are you confused about your mortgage options? Choosing a mortgage loan can feel overwhelming. Every option has its criteria and advantages, from credit score requirements to the size of your down payment

The Complete Arizona Conventional Loan Guide (2023)

According to an ICE Mortgage Technology Report, conventional loans are one of the most popular types of loans in the United States, accounting for over 80% of home loans closed in 2021. This comprehensive guide will teach you everything you

Neighborhoods of Phoenix, Arizona

A local’s perspective: Let’s dive into the neighborhoods located in Central Phoenix and see what amenities, housing styles, and attractions they have to offer.

The 2-1 Buydown: What is it and how can it help you?

We explain what a 2-1 Buydown Temporary Loan is; its advantages, disadvantages, and how using this strategy to lower costs and save money could benefit you.

How to Buy a House in South Carolina

Are you thinking about buying a house in South Carolina? There are many reasons why this Southeastern state can be an ideal setting to make such a major investment. Whether you’re relocating because of your job, to be closer to

How to Buy a House in Tennessee

Are you wondering how to buy a house in Tennessee? You’re in luck. According to a December 2022 report, the housing market is beginning to stabilize, with home prices in Tennessee projected to drop between 24% to nearly 16%. The

How to Buy a House in Georgia

Currently, the housing market in Georgia is exploding. Georgia Public Broadcasting reports that housing prices have increased by 22% between 2020 and 2021, which leaves many people wondering exactly how to buy a house there with the rising costs. If

How to Buy a House in Florida

The Sunshine State continues to be one of the nation’s most popular relocation destinations. Its year-round great weather and abundance of beaches along an extensive continuous coastline are major draws to this southeastern state. Learning how to buy a house

Arizona Jumbo Loan Limits: 2023 & FAQs

The Arizona jumbo loan limits play a large role in what may or may not be available to you. Knowing and understanding the limits allow house hunting to stay an exciting experience. Where it may seem not-so-exciting is finding the

Home Loan Programs for Arizona Home Buyers

Choosing a mortgage can feel a bit like venturing into unfamiliar territory without a map. If you’re searching for Arizona home loan programs, we’re here to help you navigate your financing options with a bit of a crash course on

Arizona First-Time Home Buyers: Tips and Tricks

Homeownership has long been a treasured part of the American dream. Yet if you’re an Arizona first-time home buyer, the white picket fence can start to seem like more of an obstacle than a gateway. According to a survey from

How Are Closing Costs Calculated?

With the help of a great mortgage provider, purchasing a home in Arizona can be a gratifying experience. However, processing your loan also requires a lot of time and commitment from multiple third-party entities. That is why mortgages include closing

What Is a Mortgage Broker? The Need to Know

So you’re ready to buy a home but aren’t quite sure where to begin. You might be debating whether you should work with a bank or partner with a reputable mortgage broker. If you’re a first-time homebuyer, you might be

How to Save Money for a House: 14 Easy Steps

It’s safe to say most everyone would love to save money and grow their bank account. The challenge is knowing where to begin. Here are 14 easy steps on how to save money for a house. Whether you want to

How Do Mortgage Rates Work?

Most people don’t pay a whole lot of attention to the mortgage industry unless they have plans to purchase or refinance a home. Once you are in the market, though, you’ll quickly notice that mortgage rates and how they work

How To Buy A House in Arizona in 5 Simple Steps

Does buying a home seem complicated? Don’t worry. We’ve developed a guide with 5 simple steps on how to buy a house in Arizona. First: What to Do Before You Buy a House To make your home-buying adventure a bit

What Is a Down Payment and How Much Do I Need?

Buying a house? Congratulations! Unless you’re independently wealthy, though, you’ll likely be taking out a loan to pay for your new home. Most mortgage lenders require a down payment before you can purchase a home. This will reduce the amount

Mortgage Broker vs Bank

What’s the difference between a mortgage broker vs a bank? It could mean the difference of thousands of dollars in fees and interest paid over the life of your loan. Choosing between a bank or mortgage broker is one of

30 vs 15 Year Mortgage: Which is Better?

The age old battle of the 30 vs 15 year mortgage and which is better. Choosing the right mortgage term (period of time) is one of the most important decisions to make during the refinance or home purchase process. Below

Why Agave For Your Home Loan?

Homeowners have thousands of options when choosing the best mortgage lender, here are the reasons on why Agave Home Loans for your largest financial transaction.

How To Refinance a Home: 4 Simple Steps

Four steps that help make the home mortgage refinance process much easier.