Do You Need A 20% Down Payment?

Saving for a home? Let’s explore another strategy. While it’s great to save up for a large down payment of 20% or more when buying a home, when home prices are on the rise, you never seem to really get that 20% saved. Why not consider using the increase of home values assist you? Owning […]

Is it worth waiting?

First-time homebuyers are flocking to the housing market in greater numbers than any time in the last few years. Renters who are ready and willing to buy are now realizing that they are also able to as well. Many first-time buyers are Millennials (born between 1981 – 1997). If you are one of the many […]

How Much Cash Needed to Buy a Home?

How much do you need to buy a home?  Here are some facts you should know……   Zero Down If you are a Veteran, then you can access the VA Home Loan.  With the VA Home Loan, there is a strategy called the VA No-No.  This allows the Veteran to move into their new home […]

Stop Paying Your Landlord’s Mortgage!

There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either your mortgage or your landlord’s. As The Joint Center for Housing Studies at Harvard […]

Increases to Home Prices and Interest Rates…How Does that Affect You?

When home prices and interest rates both rise, it makes it more expensive for you to buy your home at an affordable purchase price point.  Below is an example of what just a 10% increase in home prices and a 2% increase to interest rates could cause with the cost of a $250,000 home: These […]

Buying Up in the Same Market?

Are you planning to sell your home and buy a new home in the same market area?  Did you know that selling your home quickly by pricing it competitively may allow you go gain more on the buying side of your goals? Let’s review why: Most likely if you are buying up in the same […]

Afford to Rent—Afford to Own?

The message for today is: If You Can Afford to Rent…You Most Likely Can Afford to Own. Interest rates are a big factor when buying a home. The lower the rate, the lower your housing expense. Your purchasing power increases. And with rents continuing to rise, in many instances what you are paying in rent […]

Either Way, You’re Paying a Mortgage…Yours or Theirs, It’s Your Choice

  There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – Either Way, You’re Paying a Mortgage…Yours (your home) or Theirs (your Landlord), It’s Your Choice […]

Rent or Buy Calculator

Have you ever wondered, “Should I Rent or Buy my next home?”.  This is a question that many new home buyers have thought about and how do they find their answers?  Research is an important part of the home buying process and using the tools that will help you find your answers is an important […]

FHA Lowers MI Premiums for Home Loans

On January 26, 2015, FHA Mortgage Insurance Premiums are being lowered.  Do you have a FHA Home Loan?  Would you like to find out if you can save money each month on your home loan? FHA offers the FHA Streamline Home Loan program, where you can easily refinance your mortgage without credit qualifying, appraisals and […]

AmeriFirst Financial, Inc., 1550 E. McKellips Road, Suite 117, Mesa, AZ  85203 (NMLS # 145368). 1-877-276-1974. Copyright 2018. All Rights Reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change without prior notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Click Here for Licensing Information. The services provided by Karen Jones are not a condition, nor do they create any obligation for any form of remuneration for any real estate settlement service related to any referral.

 

 

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