by Brandon Lamar | Nov 8, 2018 | Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy
Recently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, they lack context and lead too many Americans to believe that they can’t partake in a...
by Brandon Lamar | Nov 6, 2018 | First Time Home Buyers, For Buyers, Move-Up Buyers, New Construction
The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place. To ensure a hassle-free process, here are 5...
by Brandon Lamar | Oct 31, 2018 | First Time Home Buyers, For Buyers
A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it...
by Brandon Lamar | Oct 30, 2018 | Down Payments, First Time Home Buyers, For Buyers, Rent vs. Buy
Chances are if you are renting you are spending too much of your income on your monthly housing expense. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the...
![Buying a Home Can Be Scary… Until You Know the Facts [INFOGRAPHIC]](https://lamarlending.com/wp-content/uploads/2018/10/20181026-Share-STM.jpg)
by Brandon Lamar | Oct 26, 2018 | Buying Myths, First Time Home Buyers, For Buyers, Infographics
Some Highlights: Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts: 72% of buyers who purchased homes this year have put down less than 20%....
by Brandon Lamar | Oct 24, 2018 | Down Payments, First Time Home Buyers, For Buyers, Millennials
According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners, but are able to as well! Now that the largest generation since baby boomers has aged into prime homebuying age,...
