top of page
All Posts
Can I Buy a Home If I Have Student Loans? What Buyers Need to Know
Yes, you can buy a home if you have student loans. Most peole do! In fact, you’re far from alone. Roughly 42.3 million Americans have federal student loan debt, and 37% of first-time homebuyers have student loan debt. Among student debt holders who do not yet own a home, 72% say they believe that debt will delay homeownership. That fear is real, but student loans do not automatically stop you from qualifying for a mortgage. Most of my first-time homebuyers have student loans.
Ty Keller
Apr 274 min read
What Is PMI and When Does It Go Away on a Mortgage?
If you’re buying a house and putting less than 20% down, there’s a good chance you’re going to hear the term PMI. For a lot of buyers, PMI sounds like one of those annoying mortgage terms that immediately feels bad. Kind of like hearing “additional documentation needed” or “please upload page 7 again as a PDF.” But PMI is not automatically a bad thing. In the right situation, PMI can actually be a very useful tool. It can help you buy sooner, keep more cash in your account, a
Ty Keller
Apr 275 min read
What Is a Bank Statement Loan?
In simple terms, a bank statement loan allows you to qualify based on the deposits flowing into your bank account rather than relying only on tax returns.
Ty Keller
Apr 235 min read
Are Mortgage Rates Expected to Drop or Rise? Rate Predictions...
Rates matter, but they are not everything
Ty Keller
Apr 234 min read
If I Were Buying My First House Today, Here’s Exactly What I’d Do
Buying your first house is exciting, but it can also start to feel overwhelming fast. Here's the advice I wish I had known. There’s a lot of noise out there. Rates, headlines, opinions from friends and family, social media advice, and a hundred different directions you can be pulled. If I were buying my first house today, I’d keep it simple. I would treat it like a major financial decision first and an emotional decision second. That doesn’t mean emotion doesn’t matter. Of co
Ty Keller
Apr 237 min read
What Is a Mortgage Broker? Why Working With a Broker Can Be a Better Option
Most of us are savvy shoppers, and nobody likes paying retail. If you’re buying a home or refinancing, you may be asking, what is a mortgage broker and how is that different from working directly with a bank or lender I found online? A mortgage broker is a licensed home loan professional who helps you shop multiple lenders instead of offering only one lender’s mortgage products. Rather than being limited to a single bank, retail lender, or online lender, a mortgage broker wo
Ty Keller
Apr 235 min read
What Documentation do I need for Mortgage Preapproval?
Yes, there's going to be some documentation required. The good news is most buyers are surprised at how straightforward the document list really is. One of the first questions people ask when they start thinking about buying a home is, “What documents do I need for preapproval?” It’s a good question, because getting preapproved is usually the first real step in the homebuying process. It helps you understand what you can afford, shows sellers you’re serious, and gives your le
Ty Keller
Apr 235 min read
bottom of page