1. How Mortgages Work

    If you are currently in the market for purchasing your first home, you may have many questions in regards to how the process works as a whole. One of the most important pieces of information when buying your first home is being able to fully understand exactly what a mortgage is and what it means to receive a mortgage loan. That’s why, during this post, we will outline what a mortgage should mea…Read More

  2. What You Need to Know About FHA Loans

    As a first-time homebuyer, you may be considering your borrowing options for purchasing your new home. If you have researched the types of lending available to first-time homebuyers, you have probably stumbled upon the term “FHA loan.” While FHA loans aren’t perfect, they are a great option which are designed to promote individuals to become homeowners. Throughout this article, we will discu…Read More

  3. What to Look for When Buying Your First Home

    Purchasing your first home may seem like a daunting experience for someone who has never owned a home before. Similar to purchasing a car, there are an endless amount of red flags to look out for, pages upon pages of paperwork that need to be completed, and many things that you may not be experienced enough to pick up on while inspecting your potentially new home. For this reason, we’ve decided …Read More

  4. Questions All First-Time Home Buyers Should Consider: Part One

    Becoming a homeowner can be a terrifying proposition for first-time buyers. With so many entry barriers and intricate details to know before buying, it can seem like you’ll never be able to find the right house to suit your needs. That’s why Mortgage Xpress has compiled a list of questions first-time homeowners should consider before moving forward with their purchasing decision. In part one o…Read More

  5. Frequently Asked Questions

    How do I determine the level of house I can afford? Usually, individuals and families purchase homes that are two to three times a household's annual income. Keeping this in mind, the level of money that can be borrowed is contingent on a multitude of factors including history of employment, levels of debt, your credit, and how much you can afford for a down payment on your house. Many programs ar…Read More

  6. Resources for Home Buyers

    Whether it is your first time buying or your fifth, these resources are bound to help you further understand the process. At Mortgage Xpress, we are constantly finding and sharing resources we believe can better educate our clients as they make some of the biggest decisions of their lives. Understanding the Buying Process Buying a Home - U.S. Department of Housing and Urban Development   &nbs…Read More