To a large extent, the decision to buy a home is an emotional one. Life events, like getting married, having children or landing a dream job are exciting times and often lead to serious consideration of buying a home. The National Housing Survey released quarterly by Fannie Mae suggests that this is not uncommon […]
Financial Reasons to Buy a Home
Dan Seim Last updated: February 14, 2014 at 10:17 am
Filed Under: First Time Buyers, Home Buying, Real Estate Tagged With: Better to Buy or Rent?, Fannie Mae, Fannie Mae National Housing Survey, First Time Home Buyers, Home Buying
How Much Can I Qualify For?
Dan Seim Last updated: January 8, 2014 at 16:39 pm

How much a borrower can qualify for when buying a home in Bend, Oregon is primarily determined by the debt-to-income (DTI) ratio and the loan program used to finance the home purchase. DTI ratio is a measurement, expressed as a percentage, of your eligible gross income that goes towards paying the housing principal, interest, taxes […]
Filed Under: Financing, First Time Buyers, Home Buying, Real Estate Tagged With: First Time Home Buyers, Home Buying, How Much Home Do I Qualify For, Mortgage, Qualified Mortgage Rule