Buyer's Guide by Alexis Andrade Stated income loans were once a convenient option for homebuyers who found it challenging to provide traditional proof of income, such as tax returns or pay stubs. Instead of meticulously gathering these documents, applicants could simply state their income on the loan application, hence the name 'stated income' loans. However, [...]

Buyer's Guide by Alexis Andrade USDA Home Loans offer a unique opportunity for individuals and families looking to purchase property in rural and suburban areas. What sets these loans apart is their backing by the U.S. Department of Agriculture, signaling a commitment to fostering homeownership in areas often overlooked by traditional mortgage lenders. With a [...]

Buyer's Guide by Alexis Andrade Improving your credit score opens doors to many financial opportunities. Whether you dream of owning a home, getting a low-interest credit card, or just want better financial health, understanding how to improve your credit is important. Let's break down the key factors and explore how you can boost your [...]

Buyer's Guide by Alexis Andrade The program starts on April 4st, 2024! In the idea of the American Dream, owning a home is seen as an important part, showing that you've done well, you're stable, and you're leaving something behind for the future. But in places like California where the housing market is really [...]

Buyer's Guide by Alexis Andrade FHA(K) renovation loans, backed by the Federal Housing Administration (FHA), represent a unique opportunity for prospective homebuyers to finance both the purchase of a property and the cost of renovations or repairs within a single loan. This specialized mortgage product is designed to provide a convenient solution for individuals [...]

Buyer's Guide for Veterans by Alexis Andrade Transitioning from military service to civilian life comes with various challenges, and one significant milestone for many of United States veterans is achieving homeownership. Fortunately, the VA Home Loan Program stands ready to provide support, offering tailored benefits specifically designed to assist United States veterans in navigating [...]

When it comes to buying a home, making sure you're making a wise investment is key, and thorough inspections play a huge role in ensuring just that. At Andrade REG, we're dedicated to looking out for our buyers' best interests, which is why we strongly advocate for multiple inspections. We believe it's essential to uncover [...]

Buyer's Guide by Alexis AndradeBecoming a homeowner marks a significant achievement, but it's crucial to remember that the expenses tied to owning a home go well beyond the initial purchase price. As a homeowner, understanding and planning for these ongoing costs is essential for financial stability and the ability to enjoy your new property without unexpected [...]

Buyer's Guide by Alexis Andrade Are you dreaming of becoming a homeowner but worried about your credit score holding you back? Don't fret! With some strategic planning and disciplined financial habits, you can improve your credit score and increase your chances of qualifying for a mortgage. In this comprehensive guide, we'll walk you through [...]

Buyer's Guide by Alexis Andrade Purchasing a home is a significant milestone that often starts with one crucial step: saving for a down payment. The down payment is the initial payment made towards the total cost of the property and is a crucial determinant of the type of mortgage you can secure and the [...]