Category: First Time Home Buyer

How Much House Can You Afford? A Practical Way to Find Out

How Much House Can You Afford? A Practical Way to Find Out

Figure out what you can comfortably afford by comparing rent, adding up the full monthly payment, budgeting for upkeep and setting your own price limit.

USDA Home Loans: Who Qualifies and How They Work

USDA Home Loans: Who Qualifies and How They Work

Learn how USDA home loans work, which areas and properties may be eligible, how income limits apply and whether this program could fit your home purchase.

How a Mortgage Works: Payments, Interest and Payoff Explained

How a Mortgage Works: Payments, Interest and Payoff Explained

Learn how a mortgage works, from loan terms and what makes up your monthly payment to amortization and how extra principal payments can save interest.

Building Credit for a Future Home Purchase: A Long-Game Plan

Building Credit for a Future Home Purchase: A Long-Game Plan

Planning to buy in the next few years? Learn how payment history, debt-to-income ratio and the age of your accounts shape your credit and your mortgage.

Choosing a Real Estate Agent: Questions Worth Asking

Choosing a Real Estate Agent: Questions Worth Asking

Hiring a real estate agent? Use these questions about experience, local expertise, communication, services and marketing to find the right fit for you.

A Smarter Home Search: How to Find the Right Fit

A Smarter Home Search: How to Find the Right Fit

Searching for a home? Learn how to build a priority list, set a realistic budget, get pre-approved and stay patient until the right house comes along.

Moving Into Your New Home: Tips for a Calmer Transition

Moving Into Your New Home: Tips for a Calmer Transition

Just bought a home? These practical moving tips cover hiring help, unpacking at a sane pace, tracking expenses and waiting before you buy new furniture.

Mortgage Pre-Approval: What It Is and How to Get Ready

Mortgage Pre-Approval: What It Is and How to Get Ready

Find out what a mortgage pre-approval means, why it gives you an edge with sellers and which documents to gather so the process goes smoothly.

Escrow Explained: Where Your Tax and Insurance Money Goes

Escrow Explained: Where Your Tax and Insurance Money Goes

Learn how escrow works when you buy a home and after closing, why your lender collects taxes and insurance and why your monthly payment can change.

Renting vs. Buying a Home: How to Decide What Fits You

Renting vs. Buying a Home: How to Decide What Fits You

Weighing renting against buying? Compare upfront costs, upkeep, flexibility and equity so you can decide which path fits your finances and lifestyle.

© FLO Mortgage, LLC. All rights reserved. Company NMLS #1835856.