by The Mark Klein Team | Jul 25, 2023 | Mortgage
Purchasing a home is one of the most significant financial decisions many individuals make in their lifetime. It involves a substantial investment of money and requires careful consideration to ensure long-term financial stability. To navigate the complexities of the...
by The Mark Klein Team | Apr 5, 2023 | Mortgage
When you are considering purchasing a home, understanding the lending guidelines regarding a down payment is important. Here are a few key tips to consider: Gifting of a Down Payment There are some programs that will allow you to use a gift for your home down...
by The Mark Klein Team | Mar 3, 2023 | Mortgage
Several generations ago, lenders required home buyers to have a 20 percent down payment in order to get a mortgage. While there were a few options out there for people who couldn’t save this substantial amount, the reality was that for the majority of people,...
by The Mark Klein Team | Nov 29, 2022 | Mortgage
If you are interested in purchasing a home, how much money should you put down? This is a difficult question that all potential homeowners need to answer, as it will dictate the size and location of the house you can afford. There are a number of factors to consider,...
by The Mark Klein Team | Sep 7, 2022 | Mortgage
When you take out a home loan, you might have the option to purchase mortgage points. Essentially, this is money that you pay to the lender upfront in exchange for getting a lower interest rate over the life of the loan. If you got a great deal on the house, you might...