You’ve come to the right place! We’re happy to help!
If you currently own a property but want to purchase another one, congrats, you are movin’ up in the world!
But there are A LOT of questions that have to be asked and answered and all of them don’t have right or wrong answers.
As you can see, there is certainly a lot to think about! And this is where we come in. At HomeHappy we have helped thousands of clients in similar situations and can provide you with sound advice and options that will meet your unique moving up needs!
Figuring out what you can afford, understanding your cash flow, and getting a pre-approval are a few of the steps you should take to ensure a smooth home purchase. Learn what else you should consider.
If you’re planning to buy either your next home, let’s assess your creditworthiness, take a look at your income, plan for a down payment, and nail down exactly how much you can afford to borrow.
If you’re looking to sell your existing property to buy something else, and you’d like to take possession of the new property before the sale of your existing property goes through, you need bridge financing.
If you’re selling a property and plan to move from your existing property to another property you will be purchasing, make sure you have worked through mortgage financing ahead of time. It pays to plan.
Porting your mortgage is when you transfer the remainder of your current mortgage term, outstanding principal balance, and interest rate to a new property if you’re selling your existing home and buying a new one.
While online calculators are great to run some numbers and estimate mortgage payments, they shouldn’t be relied on for mortgage qualification purposes. Learn more about the mortgage process.
If you’ve missed a payment on your credit card or line of credit and you’re wondering how to handle things and if this will impact your creditworthiness down the road, here’s the plan for you to follow.
Whether you’re looking to buy a vacation property, start a rental portfolio, or help accommodate a family member, there are many reasons to buy a second property while keeping your existing property.
When securing mortgage financing, your goal should be to lower your overall cost of borrowing, not just look for the lowest rate mortgage. Learn more about how no-frills mortgages can be a trap.
Did you know that roughly 20% of credit reports have misinformation on them? Learn more about how regularly reviewing your credit report is an integral part of credit management.
Co-signing on a mortgage for someone is a great way to help them get ahead in life. However, as it could have a significant impact on your financial future, there are considerations.
If you have a variable rate mortgage and recent economic news has you thinking about locking into a fixed rate, the first thing you can expect is to pay a higher interest rate over the remainder of your term. Learn more about what happens when you lock in a variable rate mortgage.