If you’re not ready to speak with a real estate broker or lender and are curious about how much home you might be able to be approved for, here’s a quick and dirty way to find out. Before we dive in, I’d like to preface this with the fact that this is a very rough estimate. Think of it as a “fun” activity if you’re just super curious but not serious about buying a home.

The three most common loans are FHA, VA, and conventional loans. Their respective minimum down payments are 3.5%, 0%, and 3%, respectively. House hacking is a real estate investment strategy where a homeowner rents out a portion of their primary residence to cover some or all of the mortgage payment.

Getting pre-approved for a mortgage is crucial for a clear understanding of your buying power, monthly mortgage, loan amount, down payment, and closing costs. Working with an independent mortgage brokerage may save you money compared to a big bank.

How can you find a reliable and knowledgeable real estate agent to help you buy a home? Finding the perfect agent can ensure a smooth and successful homebuying experience. In this blog, I’ll share with you effective strategies for finding a rockstar agent who aligns with your vision, values, and goals. From finding the agent, the interview process, and hiring, I’ll provide valuable insights to help you find the perfect real estate professional. Let’s get started.

Exciting news for first-time homebuyers in California! The Housing and Urban Development (HUD) has reduced the annual mortgage insurance premium on FHA loans, making homeownership more accessible. If you're looking to buy a home, this is a great opportunity to take advantage of lower mortgage insurance premiums.