Buying a home is one of the biggest financial decisions you’ll ever make. But what if you could save over $100,000 just by asking one simple question when getting pre-approved for a mortgage? The Question That Can Save You Thousands Before you commit to a lender, ask:“Can you provide me with a closing cost estimate?” This one question puts you in control and gives you a clear breakdown of...
If you’ve been holding off on buying a home because of high down payments and private mortgage insurance (PMI) costs, 2025 just delivered some game-changing news. A brand-new rule now allows homebuyers to qualify for a mortgage with no PMI, just 1% down, and a credit score of 620 or higher—making homeownership more accessible than ever before. What This Means for Homebuyers For years, one...
Fixed-Rate vs. Adjustable-Rate Mortgages: Which One Is Right for You? Buying a home is one of the most significant financial decisions you'll make in your lifetime. At Team Tadena Home Lending, powered by Answer Home Lending, we understand that the mortgage process can feel overwhelming, especially for first-time buyers. That’s why we are here to guide you through the basics of home loans, ensuring...
Buying a home is one of the most significant financial decisions you'll make in your lifetime. At Team Tadena Home Lending, powered by Answer Home Lending, we understand that the mortgage process can feel overwhelming, especially for first-time buyers. That’s why we are here to guide you through the basics of home loans, ensuring you feel confident and informed every step of the way. What Is a...
Buying a House Solo vs. Together: What You Need to Know So, you’re ready to buy a home—exciting! But here’s the big question: should you go it alone or team up with someone? Your decision impacts everything from your borrowing power to your loan terms, and there are major differences in how lenders assess solo versus joint buyers. Let’s break it all down so you can make the smartest choice for...
Buying a home is one of the biggest financial moves you’ll ever make. And if you’re planning to buy in 2025, setting up the right financial accounts now can make all the difference between a smooth homebuying experience and unnecessary stress. As a mortgage broker, I’ve helped countless buyers navigate the process, and I can tell you firsthand—financial preparation is key! So, let’s break...