June 4, 2018
You’re finally ready to stop paying rent and buy a home with a fenced backyard so Rover has more room to run around. But being a first time homebuyer can be intimidating, and you may have lots of questions about how the process works. Do not be discouraged. The experts at Resource Financial Services are […]
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May 31, 2018
As the weather heats up, so does the housing market. Now that we are halfway into 2018, we’ve identified two important factors for buyers and sellers in this year’s market: low inventory of homes and low mortgage rates. Low inventory. This means the supply of existing homes on the market is low, compared to the […]
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May 30, 2018
Our new blog series introduces you to the people who put happiness back into home loans, beginning with our office in Jacksonville, Florida. This team is always smiling. Maybe that’s because they live and work so close to the beach. Maybe it’s because they love what they do – helping people achieve the dream of […]
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May 30, 2018
The Fair Housing Act of 1968 marked its 50th anniversary in April, 2018. Through the Fair Housing Act, more Americans have obtained the dream of home ownership in neighborhoods of their choosing. The legislation makes it illegal for housing providers, realtors, mortgage companies and others to discriminate based on race, color, religion, national origin, sex, […]
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April 5, 2018
If you’re applying for a home loan, the underwriter is the behind-the-scenes person you may never see. But when it comes to approving your loan, he or she is the gatekeeper to approval. Mortgage loan approval rests on several things: income, credit history, debt ratios and savings. It is the underwriter’s job to ensure all […]
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April 5, 2018
Resource Financial Services is pleased to announce the addition of 10 experienced mortgage bankers to its growing team, positioning the full-service mortgage company to better serve their customers across the Southeast. In Florida, the company’s newest location in St. John’s added mortgage bankers Stephen Dwyer and Josh Lovely to the team. In North Carolina, the […]
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March 14, 2018
If one of your goals was to buy a home in 2018, the time to begin your search is now, before the spring rush begins and competition for the best homes heats up. Start by talking to your mortgage lender to get an idea how much home you can afford. Your mortgage banker can let […]
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February 9, 2018
The costs of living on college campus are soaring. So are the rents in apartment buildings located near college campuses. According to The College Board, room and board on campus can average $11,526 a year for a private, non-profit four-year university. It’s only slightly cheaper at $10, 138 a year for an in-state, public four-year […]
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January 23, 2018
A new report from the nation’s largest multi-sourced property database shows that, depending on where you live, it is now more affordable to buy a median-priced home than it is to rent a three-bedroom home. The report from ATTOM Data Solutions shows this to be true in 240 of 447 counties, or 54% of the […]
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January 4, 2018
The Federal Housing Finance Agency (FHFA) recently announced that conforming loan limits are increasing for the second straight year. This means that even with rising home prices, there may still be affordable loan options for homebuyers. Based on the fact that average home prices have increased by 6.8% during the third quarter of 2017, the […]
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It’s Getting More Affordable To Buy a Home
Don’t Overlook Homes Sitting on the Market—Here’s Why
Mortgage Rates Recently Hit a 3-Year Low. Here’s Why That’s Still a Big Deal.
The Credit Score Myth That’s Holding Would-Be Buyers Back
Why Pre-Approval Should Be Your First Step – Not an Afterthought