What is a 2-1 Buy Down?
A 2-1 buy down is an option for home buyers to take advantage of lower mortgage rates. The idea behind this type of loan is that the borrower pays a certain amount at closing in exchange for a lower interest rate over the first two years of their loan. This allows you to secure a lower payment initi
When Do Buyers Get Their Keys
Whether you’re a first-time homebuyer or an experienced real estate investor, understanding when you’ll get the keys to your new home is essential. In most cases, there are a few steps that must take place before you can move in. Let’s take a look at what happens after closing on your home and when
Understanding the Clear to Close Process
Understanding the Clear to Close Process For home buyers, the phrase “clear to close” is one of the most exciting words you’ll hear. It means that all of your documents have been reviewed and approved, and your mortgage lender has given you the green light to move forward with closing on your new h
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