Owning a home is a dream for many, but the journey to homeownership often begins with the daunting task of saving for a down payment. Before embarking on this journey, it's crucial to gain a clear understanding of how much you need to save. Conventional Loans...
Stepping into the world of homeownership is an exciting journey, but it can also be daunting, especially when it comes to saving for that all-important down payment and associated costs. At River City Mortgage, we understand that preparing financially is just as...
Even if you’ve never purchased a home or applied for a mortgage, everyone knows you will eventually deal with a mortgage payment. However, not everyone knows the definition of a mortgage, what components make up a mortgage payment, or what goes into calculating...
Thinking of starting the adventure? Having a home of your own is a dream for most Americans. It may be a dream you've always had, or maybe you've just grown tired of paying hard-earned money to a landlord. Whatever the reason, the decision to buy your first home can...
Buying a home is a major step. You should feel confident in how you choose to finance this important purchase. While there are many mortgage loan types available for borrowers, the term length options usually boil down to two main choices: a 15-year or 30-year...
If the seller rejected your offer to purchase a house, you still have options. Unfortunately, sellers are often hesitant to accept any offer to buy without a mortgage pre-approval attached, no matter how good. We’ll dig into how to get successfully...
Buying your first home is exciting. But it can also come with a number of potentially stressful challenges, especially if you're worried about having enough money to buy the home of your dreams. Getting a mortgage as a first-time homebuyer might seem daunting, but it...
Purchasing your first house can seem like you're trying to do a million different things at once. So it's no wonder some first-time homebuyers feel overwhelmed or worried they might make a mistake. This blog post will look at popular purchasing first house steps...
The more money you have available to use as a downpayment, the less of a mortgage you will need. But how much is really enough? Saving money to buy your first home can seem like an impossible task, but a first-time homebuyer down payment may not need to be as big as...
So, you’ve decided to buy your first home – congratulations! Becoming a homeowner is an accomplishment that’s both rewarding and empowering. But before you can begin shopping for your dream home, you’ll need to do some planning and preparation. For most people, buying...