Mike Tom Realty

Tag: Homebuyers

Posted on 03/27/2022
Comparing VA & Conventional Loans: What First-Time Homebuyers Should Know
You have many choices for financing your first home purchase. If you're a U.S. veteran, it might seem like an easy decision to opt for a VA loan over a conventional loan. However, understanding the major differences between the two options will help you get the best financing for your needs. Here are the basic things first-time homebuyers...
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Posted on 08/15/2021
Do You Need a Bigger Down Payment?
Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...
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