You’re ready to buy a new home. You’ve agreed on a price, have a mortgage ready, and booked the movers. However, there is one final expense you’ll need to deal with before you can sign your paperwork, collect your keys, and move in. It’s called closing costs. Understanding what closing costs are and how much you’ll need to pay for them will help you budget for your new home.
How Much of Your Income Should Go Toward Housing? If you’re ready to start house-hunting – or if you’re just looking to build a better budget – you need to know how much of your income should go toward housing.
You’ll want to weigh your options carefully and choose the type of mortgage that makes the most sense for your individual situation.
Should you rent or should you buy a home? Learn the 6 questions you need to ask to weigh the benefits and drawbacks for both.
Looking for your first home can be a stressful process. What seems to include only one or two decisions can actually turn into a much more complicated process, leaving you feeling overwhelmed and the whole process feeling impossible. Luckily, our mortgage team at ENB has compiled 5 tips for first-time homebuyers to follow that will make the process go a little smoother.
For a long time, owning a home has been part of the American Dream. Is it right for you? While homeownership requires a substantial upfront investment, it has several long-term benefits. Let’s look at some advantages of owning a home.
When you’re just getting started, there’s a lot you can do to build credit. Learn how you can begin establishing your credit history the right way.
Whether you’re a first-time homebuyer or just haven’t gone through the process in a while, you may be wondering what mortgage points are and if paying for points is worth the cost.
Don’t get overwhelmed by your next move. Creating a moving plan and executing it in advance can save you time, money, and stress.
You’ve finally found the perfect home, put in an offer, and had your offer accepted. Congratulations, you’ve bought a new home! Almost.
