Buying a home is one of the biggest and most important financial decisions most people will make in their lifetimes. It is no wonder then that people want to be sure they are truly ready for the purchase. Here is a list of 6 ways to know that you have suf
Dec 29, 2022 | Purchasing a Home
With today’s rising interest rates and high home prices, buying a home takes some planning and forethought. Mistakes can be costly, like getting a mortgage higher than you can afford or getting stuck in a neighborhood or house you actually don’t like. Her
Dec 27, 2022 | Purchasing a Home
With Christmas fast-approaching, all of us at Next Step Home Loans, LLC would like to wish you a Merry Christmas! We hope that this week you'll be surrounded by family, friends and loved ones while enjoying time together and making great memories. It’s b
Dec 22, 2022 |
Since buying a home is one of the biggest financial investments most people ever make, if you're are not careful, you can get in over your head. This can result in a status of being “house poor,” or spending way more on housing costs than you can afford.
Dec 20, 2022 | Refinancing a Home
If you are buying a home that is priced significantly above the region’s average, traditional loans may not be able to cover the size of your purchase. In this case you’ll need a jumbo loan. And if you’re a veteran or active-duty military member, there ar
Dec 15, 2022 | VA Loans
According to a recent report from Redfin, as of October 2022, in order to afford a “typical home” with the median monthly mortgage payment of $2,682, a buyer would need to earn at least $107,281 to be able to afford the loan. While prices may have slowed
Dec 13, 2022 | Purchasing a Home