A -post collection

Hey Mom & Dad, can you spare a few hundred thousand?

These days, more and more parents are buying homes for their adult children, providing gift funds, or loaning them money to make the big move. A 2016 survey from Bank of America showed that 19% of millennial homebuyers expected parents to help with their down payment, while 15% expected help with monthly mortgage payments. Read on below to get the scoop on this unusual twist in first-time home buying. We’ll tell you why it’s happening, and if you're

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How to apply for a mortgage: Your 4-step guide.

TLDR; Applying for a home loan is the first step to take when getting serious about buying a home. It will help you understand how much house you truly can afford. Get ready for the application process by gathering your financial info, finding a lender to work with, and getting pre-approved. You can always shop around and pick another lender once you get an accepted offer. Mortgage loan pre-approval means approaching a lender with financial, credit, debt, and other information

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Breaking it down: first time home buyer programs, loans & benefits

TL;DR The federal government and all 50 states offer first-time homebuyer loans with incentives from 0% interest to zero down payment amounts and reduced monthly costs. There's also plenty of programs to reduce your upfront and total home ownership costs. To complement, Open Listings offers a 50% commission refund at purchase, which can cover up to 1/3 of your down payment or all of your closing costs. With Americans increasingly using loans to fulfill their dreams of homeownership,

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