The Washington, D.C. metro area is home to many active-duty military personnel and veterans from all service branches. As an expert in the Mid-Atlantic region’s new homes market, we know that the needs of military families are unique and constantly evolving; however, just because military families may be on the move regularly, it does not
Homebuying Glossary: Financing Terms You Need to Know
Buying a home can sometimes feel like learning a new language. Before you ever meet with your builder or lender, arm yourself with knowledge of the terms and definitions so you can begin the homebuying process with confidence. Here are a few key terms that you need to know to get yourself through the homebuying
Home Loans 101: The Basics of Borrowing for a New Home
For most, buying a home means borrowing money from the builder, a bank or another financial institution. This borrowed money is known as your “mortgage.” A variety of mortgage programs are available, with varying loan terms and interest rates, so it pays to understand what you’re getting into. For context, a typical home loan is 30
Understand the Loan Application Process & Take Control of Your Credit Score
Getting a mortgage these days can be challenging. We hear about the issue constantly, but what can YOU do to put yourself in the best position to obtain the best mortgage? Here are some basic steps to keep your credit looking good and ensure that your financial picture doesn’t change during the mortgage application process.