Finance

2023 increased loan limits means more buying power for homebuyers

2023 increased loan limits means more buying power for homebuyers

Posted On: January, 16, 2023 | Categories: Finance

What better way to start off the New Year than buying a new home?  There is good news for homebuyers with the increase in mortgage lending limits, giving homebuyers more buying power.  

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What is a 2/1 Buydown?

What is a 2/1 Buydown?

Posted On: October, 28, 2022 | Categories: Finance

With interest rates rising, some may be thinking about how they can afford the monthly payments that come with a mortgage and buying a home. At McCaffrey Homes, we’re making it easier for our buyers to still get their dream home by offering a 2/1 buydown.

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The Almighty Credit Score:  What You Need to Know

The Almighty Credit Score: What You Need to Know

Posted On: March, 29, 2019 | Categories: Finance

Much has been said about financial health.  But, how can you determine the quality of your financial health?  One way is your credit score. 

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More Buying Power for Homebuyers in 2019

More Buying Power for Homebuyers in 2019

Posted On: January, 24, 2019 | Categories: Finance

There is good news for homebuyers with the increase in mortgage lending limits, giving homebuyers more buying power.  Both the Federal Housing Finance Agency (FHFA) and the Federal Housing Authority (FHA) have increased their loan limits for 2019.

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The Do’s and Don’ts of Financing your Dream Home

The Do’s and Don’ts of Financing your Dream Home

Posted On: August, 1, 2018 | Categories: Finance

When it comes to starting off on the right foot for a home loan here are some important do’s and don’ts to consider before kicking off the mortgage process.

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VA Loans - Benefiting Those Who Served Us

VA Loans - Benefiting Those Who Served Us

Posted On: May, 25, 2016 | Categories: Finance

As we recognize and appreciate our veterans this Memorial Holiday, we thought we'd share with you the benefits of the VA loan program.

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9 Ideas to Help Save for Your Down Payment

9 Ideas to Help Save for Your Down Payment

Posted On: August, 26, 2015 | Categories: Finance

While down payment requirements start as low as 3.5% for FHA loans, homebuyers who put down less than 20% will have to pay mortgage insurance.

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Yes You Can Afford a New Home

Yes You Can Afford a New Home

Posted On: January, 30, 2015 | Categories: Finance

Homebuyers will be happy to learn that you actually don't need as much money for a down payment on a home as you might think.

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7 Simple Steps to Improve Your Credit Score

7 Simple Steps to Improve Your Credit Score

Posted On: September, 9, 2014 | Categories: Finance

Think your credit score is keeping you from buying a home right now, here are some tips on how to improve your credit score to have a better, brighter future for you and your family.

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Homeownership 101

Homeownership 101

Posted On: June, 27, 2014 | Categories: Finance

The stars have aligned, the housing market feels right and you've found the home of your dreams. Follow these simple tips and within a few short weeks, you can cross the threshold into a new home, a new life and a new you!

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