Boise Idaho Home Buyer asks “Do I Need To Sell My Home Before I Can Qualify For A New Mortgage On Another Property?”
April 1, 2010 by Rick & Jane May · Leave a Comment
Although every situation is unique, it is not uncommon for Boise Idaho home buyers to qualify for a mortgage on a new home while still living in their primary residence. Perhaps you are outgrowing your current house, or have been forced to relocate due to a job transfer? Regardless of the motivation for keeping […]
Five Myths About Boise Idaho Home Values
March 28, 2010 by Rick & Jane May · Leave a Comment
During periods of economic growth, when home values are typically just going up, most Boise Idaho homeowners do not question appraisals much. And in times of turmoil when property values are declining, home sellers and even listing agents quite often question and pick apart appraisals. However, the actual appraisal process changed very little over the course […]
Conventional Home Loans for Boise Idaho Borrowers
March 21, 2010 by Rick & Jane May · 53 Comments
Most lenders would consider an Idaho conventional mortgage as a loan that conforms to the guidelines set forth by Freddie Mac and Fannie Mae, the two government sponsored enterprises (GSEs) that provide liquidity in the mortgage market. Technically speaking, a conventional loan is any mortgage that is not guaranteed or insured by the US […]
Idaho Home Buying Process
March 21, 2010 by Rick & Jane May · 4 Comments
Idaho Home Buying Steps / Process: Step 1 – Getting Pre-Approved Prior to Shopping for an Idaho Home It’s obviously important to know how much home you can afford, what type of down payment to budget for, monthly mortgage payment as well as what type of loan program you’ll be using to finance the new […]