First time home buyer loans it's not just a job it's an adventure
By Greg Cook, Mortgage Consultant NMLS ID# 283159
(Platinum Home Mortgage)
Working with home buyers, especially first time home buyers, in today’s market is making “lifelong learners” out of us whether we like it or not. Makes me feel like I should have served in the Navy. They understand that “It’s not just a job it’s an adventure”Loan guidelines change more often than many people change their socks and as a result, something that may have worked a month ago doesn’t anymore. When we’re all learning on the fly, there’s going to be some turbulence and we have to learn from it, so we can avoid it the next time around.In our market (The IE) we generally don’t give much thought to monthly HOA fees, because unless it’s a condo, the HOA fees are usually $60-$100 a month. In the context of a home buyer budget, property taxes have a bigger impact and as a result we’...
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