First Time Home Buyers - How To Buy a Home

Learn about purchasing a new construction home - some tips and information to get the most out of your purchase. From financing options, to budgets and design choices, we want you to be prepared for the process and make an informed decision.

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Connect with Dat Nguyen:
Email: [email protected] or [email protected]
Instagram: @Datloans
Everyday Lending Group 
NMLS 1379110

Free First-Time Homebuyer Tools:
FTHBPros.com

Follow First Time Homebuyer Pros so you don’t miss the upcoming deep dives on pre-approval, credit, mortgage rates, writing offers, appraisals, underwriting, and more.

In this episode, we will explore the often-hidden costs and fees associated with purchasing a home that most buyers don’t consider. From home inspections and closing costs to moving expenses and mortgage fees, there are many hidden charges tucked away in the home buying process that must be accounted for when budgeting.

We will talk to real estate experts and industry professionals to get an inside look at what these costs might look like in today’s market, as well as discuss how buyers can plan ahead to make sure their budget is realistic when making one of life’s biggest investments.

So join us on this journey into the world of home buying and arm yourself with the facts before taking that leap!

See the entire article at: https://fthbpros.com/the-hidden-costs-and-fees-of-buying-a-home/

Send us Fan Mail

Connect with Dat Nguyen:
Email: [email protected] or [email protected]
Instagram: @Datloans
Everyday Lending Group 
NMLS 1379110

Free First-Time Homebuyer Tools:
FTHBPros.com

Follow First Time Homebuyer Pros so you don’t miss the upcoming deep dives on pre-approval, credit, mortgage rates, writing offers, appraisals, underwriting, and more.

In this episode of the podcast, we talked to Stef Beltran del Rio from 360 Credit Consulting about the basics of credit for first time home buyers.

We discussed different credit myths, tips for building and maintaining a good credit score, what to look out for when dealing with creditors, and more.

Get your free credit consultation at: 360 Credit Consulting - FREE consultation

Stef's contact info:
Stef Beltran del Rio
(720) 210-9987
[email protected]

Full Article:
https://fthbpros.com/what-you-need-to-know-about-credit/

Send us Fan Mail

Connect with Dat Nguyen:
Email: [email protected] or [email protected]
Instagram: @Datloans
Everyday Lending Group 
NMLS 1379110

Free First-Time Homebuyer Tools:
FTHBPros.com

Follow First Time Homebuyer Pros so you don’t miss the upcoming deep dives on pre-approval, credit, mortgage rates, writing offers, appraisals, underwriting, and more.

If you're self-employed or a contractor, maybe you have inconsistent seasonal income or had some major financial issues recently. Keep listening. This episode is for you.

We'll focus on the following alternate (Non QM) loans:

1. Jumbo Loans
2. Bank Statement Loan
3. ITIN Loan
4. Interest-Only Home Loans
5. Bad Credit (Post BK)

Who they are for, and some general qualifications.  We’ll talk about the pros and cons of choosing a Non QM loan.

Our Guest today is Sarah Krasner.
Sarah's Contact Info:
Sarah Krasner: (702) 466-6430
NMLS #1272407

Send us Fan Mail

Connect with Dat Nguyen:
Email: [email protected] or [email protected]
Instagram: @Datloans
Everyday Lending Group 
NMLS 1379110

Free First-Time Homebuyer Tools:
FTHBPros.com

Follow First Time Homebuyer Pros so you don’t miss the upcoming deep dives on pre-approval, credit, mortgage rates, writing offers, appraisals, underwriting, and more.

It’s the end search is over. Stop even looking for a house. You’ll never be able to afford it, not with those interest rates.

Is that what you've been hearing or thinking? Is it even worth looking at homes anymore? Is your dream crushed? The reality is that, no, you aren't out of the running. It's just a different market now.

Today I've got Sarah back on the podcast, and one of the reasons I really wanted her back here is because she's been doing this for 20 years, and guess what, she's seen interest rates hit double digits. So she's gonna help us talk about what kinds of things we can do to buy a home in a high interest rate market.

Sarah's Contact Info:
Sarah Krasner: (702) 466-6430
NMLS #1272407

We cover five options:
1 - Buy down your rate, you may be surprised how much lower you can actually get.
2 - Work with a lender who will refinance you in the next year or two at no cost.
3 - Try different options from a financing standpoint. One of those can be a 2-1 buydown, an ARM loan, or other programs your lender might be offering.
4 - Start by looking at homes that have been on the market for over 30 days. If they haven't had any price reductions, you may be able to offer below ask and still get your offer accepted.
5 - Similar to the homes on the market over 30 days, but have your real estate agent look at homes that are offering seller concessions. These can be used to help pay for closing costs including rate buy downs.

We look at each of these in more detail, to give you an idea of how this can impact the purchase of a home.

Send us Fan Mail

Free First-Time Homebuyer Tools:
FTHBPros.com

Connect with Dat:
Instagram: @DatLoans

If you know someone thinking about buying their first home, send them this episode. The more you understand the process before you start, the easier it is to make confident decisions when the right home comes along.

Follow First Time Homebuyer Pros so you don’t miss the upcoming deep dives on pre-approval, credit, mortgage rates, writing offers, appraisals, underwriting, and more.

8 questions to ask yourself to make sure you are ready to buy a home from an emotional standpoint.

Full Article and show notes @ https://fthbpros.com/are-you-emotionally-ready-to-buy-a-home/

1. Are you comfortable with the idea of owning a home, or is it intimidating? 
2. Are you ready and confident to be solely responsible for ensuring the home is always in a safe and livable condition. 
3. Do you have the time and energy to take care of a home?
4. Are you comfortable knowing that you can’t move whenever you want.
5. Are you buying a home because you think that’s what you are supposed to do.
6. Are you just looking for more room to live in? Do you need more space?
7. Are you comfortable with the idea of settling down in a particular neighborhood and potentially building roots and connections in the community?
8. How secure do you feel in investing so much money in one place over such an extended period of time? 

At the end of the day, owning a home is a major milestone in life and should be celebrated as such. It is important to take the time to ensure it’s right for you from an emotional and financial perspective. Your home should be a place of comfort and security, not one that causes you undue stress or worry. So take time to do your research, find the right professionals to partner with, and enjoy the experience along the way! 

Send us Fan Mail

Connect with Dat Nguyen:
Email: [email protected] or [email protected]
Instagram: @Datloans
Everyday Lending Group 
NMLS 1379110

Free First-Time Homebuyer Tools:
FTHBPros.com

Follow First Time Homebuyer Pros so you don’t miss the upcoming deep dives on pre-approval, credit, mortgage rates, writing offers, appraisals, underwriting, and more.

Buying a home can be an intimidating process, but having a comprehensive inspection done can help you make an informed decision and give you peace of mind.

Join Our Facebook Community @ https://www.facebook.com/groups/fthbpros/

An inspection is an evaluation of a property or home, typically conducted by a professional inspector, in order to identify any potential problems or issues that may need to be addressed. In this episode, we explore the basics of an inspection process, who conducts them, what types of inspections are available, and how to find an inspector. With this knowledge in hand, you can make the right decision for your situation and ensure your home purchase is a safe and successful one.

Full Show Notes: https://fthbpros.com/what-is-a-home-inspection-and-what-can-i-expect-them-to-look-at/

Contact Information:
Monica Mastroianni – Real Estate Agent
(951) 395-1848
[email protected]
DRE# 02099257
Legacy Homes Realty

Philip Mastroianni – Loan Officer & Real Estate Agent
(888) 364-1555
[email protected]
NMLS#2141541
DRE# 02141890
Pacific Patriot Financial

Send us Fan Mail

Connect with Dat Nguyen:
Email: [email protected] or [email protected]
Instagram: @Datloans
Everyday Lending Group 
NMLS 1379110

Free First-Time Homebuyer Tools:
FTHBPros.com

Follow First Time Homebuyer Pros so you don’t miss the upcoming deep dives on pre-approval, credit, mortgage rates, writing offers, appraisals, underwriting, and more.

The Department of Veterans Affairs (VA) offers a mortgage loan that can be used by those who have served or are presently serving in the military. With no down payment required, and no mortgage insurance, this is one of the best loans available.

See more eligibilty information as well as full show notes @ https://fthbpros.com/what-is-a-va-loan/

We talk about:

• Eligibility for a VA Loan 
• Types of VA Loans
• The Benefits of a VA Loan
• Fees & Limits

Send us Fan Mail

Connect with Dat Nguyen:
Email: [email protected] or [email protected]
Instagram: @Datloans
Everyday Lending Group 
NMLS 1379110

Free First-Time Homebuyer Tools:
FTHBPros.com

Follow First Time Homebuyer Pros so you don’t miss the upcoming deep dives on pre-approval, credit, mortgage rates, writing offers, appraisals, underwriting, and more.

If you’re thinking of buying a home, it’s important to consider a number of factors. These include your current financial situation, employment stability, and future plans. The market conditions themselves may not be as important as you think.

Full Show Notes / Article @ https://fthbpros.com/is-now-a-good-time-to-buy-a-home/

Now may be a good time to buy a home if:

• You have a stable job and income
• You have saved up for a down payment
• You are ready to commit to a long-term mortgage

If you have a stable job and income, now may be a good time to buy a home. Buying a home is a long-term commitment, so it’s important to be sure you can afford to make monthly mortgage payments. It’s also important to have saved up for a down payment, as this will help you get a lower interest rate on your mortgage, and give you more flexibility in the loans you can qualify for. Finally, if you are ready to commit to a long-term mortgage, now may be the time to buy a home.

On the other hand, you may want to wait to purchase a home if:

• You’re not sure about your job security
• You don’t have enough saved for a down payment
• You aren’t confident that you will be living in the same area for more than 2 years
• Your lifestyle may be changing. For example getting married, having kids, retiring, etc. that may require you to upsize or downsize your home in the very near future.

Ultimately, the decision of whether or not to buy a home is a personal one. You’ll need to carefully consider your own circumstances before making a decision.

Send us Fan Mail

Connect with Dat Nguyen:
Email: [email protected] or [email protected]
Instagram: @Datloans
Everyday Lending Group 
NMLS 1379110

Free First-Time Homebuyer Tools:
FTHBPros.com

Follow First Time Homebuyer Pros so you don’t miss the upcoming deep dives on pre-approval, credit, mortgage rates, writing offers, appraisals, underwriting, and more.

Saving up for a down payment on a house can seem like an impossible task but there are ways to make it happen. I give 8 different tactics that can be used and combined together to help you get your down payment in 12-24 months.

See the full article and show notes here: https://fthbpros.com/how-to-save-for-a-down-payment-on-a-house/

Don't let the down payment keep you from getting into a home!

Send us Fan Mail

Connect with Dat Nguyen:
Email: [email protected] or [email protected]
Instagram: @Datloans
Everyday Lending Group 
NMLS 1379110

Free First-Time Homebuyer Tools:
FTHBPros.com

Follow First Time Homebuyer Pros so you don’t miss the upcoming deep dives on pre-approval, credit, mortgage rates, writing offers, appraisals, underwriting, and more.