This woman seems amazing. I can't wait to go through the process with her company. 100% P/T disabled vet w/ 1 dependant. I've been working on the credit to get to "640" since last year. Almost there. Nervous, scared, and optimistic about what we can do. I dont trust most people, but I have confidence I will get the help with this company. 🤞
You won’t be disappointed, we went through Jen in 2023 the whole process was amazing and quick, just have all your paper work ready to go , we did and closed in 2 1/2 weeks , 👍🇺🇸
Economics, particularly personal finance principles, suggest that you should spend no more than 28% to 30% of your gross monthly income on your mortgage payment. This includes principal, interest, property taxes, and homeowners insurance (often referred to as PITI). Here’s a more detailed breakdown of the rationale: 1. 28/36 Rule: • 28% for Housing Costs: This is often recommended by financial advisors and lenders as a maximum percentage of your gross monthly income to be spent on housing costs (your mortgage payment, including taxes and insurance). • 36% for Total Debt: The rule also suggests that no more than 36% of your gross monthly income should go toward total debt payments, including your mortgage, credit cards, student loans, car loans, etc. This ensures that you maintain a healthy balance between your income and debt obligations
You really have been incredibly knowledgeable and your efforts to inform us all has really helped me so much. Real estate, mortgages and the market is alot to learn before even owning a home in most cases. Without experience it's tough but you are such a great recourse of reliable, straight up and make it a much less complicated with your explanations. Thank you as always.
The tough part is if you need space. I mean a PITI of $1300 vs rent of $1300, you can be house poor or rent poor. But will rents go up faster than insurance + maintenance costs... rolling the dice either way! But if you have two kids!
I'm concerned about the opposite situation: My budget says I can afford this number (P&I pay't) but the lender says I can't. I have a very low overhead (expenses) each month and that frees up cash for a house pay't (P&I, Property Tax, Home Ins, HOA -- no PMI pay't as it'd be a VA loan) with a comfortable amount (meaning, for me to feel good about) left over for utilities, food, gas, and savings -- real world/everyday monthly expenses. But the lender may not agree it really IS enough. I don't know the exact numbers yet -- can't as I'm not ready to buy presently (working on preparing now) -- but when it IS time to buy will know the numbers then to run (house price, mortgage interest rate, etc.). -- BR
? Wanting VA construction loan. The cost of lot to purchase, is this a two closing loan? Can't get building permit unless you own property. How much time after lot acqusition until start construction?
I do not do VA construction loans. Indu does but she brokers them as we do not have in house. I have a video about construction loans from about a month ago that i would recommend . Here is Indu info www.rate.com/loan-officers/indu-kapoor-296179
This woman seems amazing. I can't wait to go through the process with her company. 100% P/T disabled vet w/ 1 dependant. I've been working on the credit to get to "640" since last year. Almost there. Nervous, scared, and optimistic about what we can do. I dont trust most people, but I have confidence I will get the help with this company. 🤞
You won’t be disappointed, we went through Jen in 2023 the whole process was amazing and quick, just have all your paper work ready to go , we did and closed in 2 1/2 weeks , 👍🇺🇸
Economics, particularly personal finance principles, suggest that you should spend no more than 28% to 30% of your gross monthly income on your mortgage payment. This includes principal, interest, property taxes, and homeowners insurance (often referred to as PITI).
Here’s a more detailed breakdown of the rationale:
1. 28/36 Rule:
• 28% for Housing Costs: This is often recommended by financial advisors and lenders as a maximum percentage of your gross monthly income to be spent on housing costs (your mortgage payment, including taxes and insurance).
• 36% for Total Debt: The rule also suggests that no more than 36% of your gross monthly income should go toward total debt payments, including your mortgage, credit cards, student loans, car loans, etc. This ensures that you maintain a healthy balance between your income and debt obligations
We need this video after searching through the housing market in New Hampshire. Holy moly, you get nothing for your money there!
New Hampshire is tough as there is not a lot of inventory and has not been for years. Hopefully with rates coming down we will see some people list 🤞
We just submit application!
Look forward to working with you!:)
Thank you for your service. 😎👍 Have a great Labor day. 🇺🇸
Thank you ❤️ Happy Labor Day to you as well 🇺🇸
You really have been incredibly knowledgeable and your efforts to inform us all has really helped me so much. Real estate, mortgages and the market is alot to learn before even owning a home in most cases. Without experience it's tough but you are such a great recourse of reliable, straight up and make it a much less complicated with your explanations. Thank you as always.
Thank you❤️
The tough part is if you need space. I mean a PITI of $1300 vs rent of $1300, you can be house poor or rent poor. But will rents go up faster than insurance + maintenance costs... rolling the dice either way! But if you have two kids!
I'm concerned about the opposite situation: My budget says I can afford this number (P&I pay't) but the lender says I can't. I have a very low overhead (expenses) each month and that frees up cash for a house pay't (P&I, Property Tax, Home Ins, HOA -- no PMI pay't as it'd be a VA loan) with a comfortable amount (meaning, for me to feel good about) left over for utilities, food, gas, and savings -- real world/everyday monthly expenses. But the lender may not agree it really IS enough.
I don't know the exact numbers yet -- can't as I'm not ready to buy presently (working on preparing now) -- but when it IS time to buy will know the numbers then to run (house price, mortgage interest rate, etc.).
-- BR
Happy Labor Day!
Happy Labor Day to you as well!
Thank you for this wisdom!
Thankyou for tuning in:)
? Wanting VA construction loan. The cost of lot to purchase, is this a two closing loan? Can't get building permit unless you own property. How much time after lot acqusition until start construction?
I do not do VA construction loans. Indu does but she brokers them as we do not have in house. I have a video about construction loans from about a month ago that i would recommend . Here is Indu info www.rate.com/loan-officers/indu-kapoor-296179
Is the big, pretty number 48? 🗽
Which state(s) would you say is the best buyer's market(s) right now
😊😊😊😊😊
Mary a rich woman
lol