I often get asked what’s included in borrowers funds needed at closing. They ask: Does that include my down payment or is that just my closing costs? Is my credit from the seller included? So I thought I would take some time to break down a very basic understanding of the cash needed at closing. When you first meet with your loan officer you should get an estimate of what you might need to bring to the closing. Due to several unknown costs at the beginning this is just an e

In the current real estate market, new listings are being sold are record speeds for record prices. This rush to find the perfect home only to lose it in bidding war can become discouraging for many buyers. The interest in finding a home that fits their exact wants and needs is a big requirement for buyers also. This desire will naturally lead them down the path of being interested in building their own home. By building their home, they don’t have to get into a bidding w

With the recent drop in rates we have seen an influx of refinance transaction. How do you know if refinancing is right for you? Here are the 3 main things to consider when thinking about refinancing. Will you save money? This seems like a simple answer but it’s the truth. If you can save money on a monthly basis by lowering your mortgage payment you could put those extra funds toward paying down debt, saving for a big purchase, increase your retirement funds, or pay down th

I was on a podcast last week. It was a great opportunity to speak about helping first time homebuyers understand the lending and home buying process. The podcast was called The Fine Print with Attorney Jen Routte. She is a real estate attorney and owns a title agency in Central Ohio. I’ve wanted to do a podcast for quite some time and to finally have the chance was so incredible. We discuss how to get pre approved, title insurance, and ghosts. Following the link above to