Mortgage, Real Estate Education Laura Key Mortgage, Real Estate Education Laura Key

What Are Temporary Buy Downs?

When you work with our preferred lender to purchase this home, the Seller is open to negotiating a Seller Interest Rate Buydown. With this option the Seller can agree to pay mortgage discount points so you, the home buyer, can get a lower interest rate on the mortgage. A lower interest rate means you may be able to achieve your ideal monthly mortgage payment and own your dream home!

Temporary Buy Down - What Is It?

Temporary Buy Down - This could help you purchase NOW!

A temporary buydown is made possible by depositing a lump sum into a buydown account. The lump sum is then divided up monthly for each year in the buydown. Once the buydown account is depleted, the interest rate increases to the full note interest rate.

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Real Estate Education, Mortgage Laura Key Real Estate Education, Mortgage Laura Key

What is a VA Loan?

What is a VA Loan?

What Is a VA Loan?

A VA loan is a mortgage loan that’s issued by private lenders and backed by the U.S. Department of Veterans Affairs. It helps U.S. veterans, active duty service members, and widowed military spouses buy a home.

VA loans were introduced as part of the GI Bill in 1944, but they’ve become increasingly popular in recent years. In the first quarter of 2019, 8% of home purchases were made with a VA loan.1 This type of loan is an attractive option because it’s pretty easy to qualify for and doesn’t require a down payment.

Come hear some of the awesome benefits of a VA loan with Laura Key and Tammy Karaba.

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Mortgage Laura Key Mortgage Laura Key

What is APR? Annual Percentage Rate

An annual percentage rate (APR) is a broader measure of the cost of borrowing money than the interest rate. The APR reflects the interest rate, any points, mortgage broker fees, and other charges that you pay to get the loan. For that reason, your APR is usually higher than your interest rate.

What is APR?

What the heck is APR? Real Estate can be confusing at times but the more you educate yourself the better your understanding will be. Today we learn what APR is!

Annual Percentage Rate - An annual percentage rate (APR) is a broader measure of the cost of borrowing money than the interest rate. The APR reflects the interest rate, any points, mortgage broker fees, and other charges that you pay to get the loan. For that reason, your APR is usually higher than your interest rate.

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Moving With Pets

Moving is an extremely unsettling experience for humans but it's even worse for your furry babies. While you know the big picture, your furry and feathered friends only see their world falling apart. This can result in stress-related behaviors or even illness. So how do you preserve your pets’ sanity during the change?

Moving With Pets

Moving is an extremely unsettling experience on humans but it's even worse for your furry babies. While you know the big picture, your furry and feathered friends only see their world falling apart. This can result in stress-related behaviors or even illness. So how do you preserve your pets’ sanity during the change? Join us today as we discuss Moving With Pets on Chatter Box, then download your free pet moving guide here: bit.ly/petmovingguide

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Real Estate Education, Mortgage Laura Key Real Estate Education, Mortgage Laura Key

Types of Contingencies

When you are in a real estate deal there are certain terms and conditions you must meet. These all are customizable and can be written where it is clear, but today we discuss what types of contingencies you most commonly see.

When you are in a real estate deal there are certain terms and conditions you must meet. These all are customizable and can be written where it is clear, but today we discuss what types of contingencies you most commonly see.

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