Skip to content

Homebuyer 101: Assets

6 minute lesson Lesson Summary Sourcing and seasoning are important in the home buying process. Sourcing refers to where the money is coming from, such as a checking account or 401k. Seasoning refers to how long the money has been in…

Read more

AIO Principal First

6 minute lesson   Lesson Summary Innovative Loan Concept: Introduces the AIO Principal First Loan as a groundbreaking financial tool for homeowners. Strategic Approach: Designed to optimize economic benefits for homeowners by managing cash flow and reducing interest. Banking and Mortgage…

Read more

Homebuyer 101: Down Payments

6 minute lesson   Lesson Summary Down Payment Basics Essential for home purchase, often around 3% for conventional loans (e.g., $12,000 on a $400,000 home). Loan Types Conventional: Minimum 3%+ down, flexible for first-time buyers. FHA: Minimum 3.5% down, suitable…

Read more

Homebuyer 101: Appraisal Vs Inspections

6 minute lesson   Lesson Summary Appraisal vs. Inspection: Appraisals assess a home's market value, while inspections evaluate its condition. Home Inspections: Examine the property's structural integrity and systems, identifying potential issues. Essential for uncovering hidden defects and providing negotiation leverage.…

Read more

Homebuyer 101: Loan Types

6 minute lesson   Lesson Summary VA Loans: Ideal for veterans/active military, offering zero down payment and no mortgage insurance. Includes a funding fee. FHA Loans: Suitable for first-time buyers or those with lower credit scores. Requires a 3.5% down payment…

Read more
Back To Top
Search
Translate »