How Much Do You Really Need for a Down Payment? (Less Than You Think)
One of the most common misconceptions in the homebuying process is that you need 20% down to get started. That’s simply not true. With today’s loan programs and down payment assistance options, many buyers can qualify with much less—or even zero down. When you understand what’s available, you’ll feel more confident taking the next step: […]
What Every First-Time Homebuyer Should Know Before Getting Pre-Approved
Investing in property is an exciting and daunting process. Just like most things, one of the hardest parts can be just getting started. What every first-time homebuyer should know before getting pre-approved is that this first step lays the groundwork for everything that follows. At NewFed Mortgage, we work to help our clients get through […]
Mortgage Lenders Look At Your FICO Credit Score & Here’s Why
One of the most crucial factors that will determine your ability to secure a mortgage is your credit score. You may have come across various credit monitoring platforms like Credit Karma . However, when it comes to mortgage applications, lenders typically look at a different scoring model known as the FICO credit score. In this […]
Spring into Homeownership: Why March Is a Great Time to Buy
Springtime is often associated with rejuvenation and new beginnings. As the weather warms and flowers begin to bloom, the real estate market also springs to life, making March an opportune time to embark on the journey of homeownership. Just like the freshness of the season, the advantages of purchasing a home in spring are plentiful. […]
Practical Perks: 5 Reasons Winter is a Great Time to Buy a Home
Ah, winter—the season of cozy sweaters, steaming mugs of cocoa, and, surprisingly, a fantastic time to dive into the world of home-buying. At NewFed Mortgage, we’re here to shed light on why the colder months might just be the perfect time to turn your dream home into a reality. So, bundle up, and let’s explore […]
