Jennifer Larson

On the Blog

This is your one stop destination for money and savings, credit score tips, real estate, lending advice, and more. If it’s finance and helps you buy a house, it’s here!

  • How to Build Credit When You Have None

    Over the years I have talked about not liking credit cards for many reasons because of how it can send clients into a spiral of bad spending and lowering their DTI score for their loan. The problem is, some people have no credit and need to build it. What then? Unfortunately it is true that…

  • A Growing Real Estate Trend

    Remember when states were encouraging, even compensating, homeowners to build ADUs to help ease the affordable housing crisis in many areas and rent those units in their properties with little oversight requirements to encourage as many as possible to build them? There’s a newer trend and some are utilizing those differently now. Multi-generational housing is…

  • What is underwriting?

    This is the actual approval process of your loan and when you’re actually going to be determining eligibility for the loan you applied for. This is a deep dive into your account history and all of your finances, line by line, and everything on your credit report. They’re doing an investigation basically into your employment…

  • Two Calculations You Need to Know When Saving for a Home

    You need to know the basics of how credit and your mortgage payment are calculated while you’re planning to buy a house. Remember for your down payment you also need to account for other fees and closing costs so double your down payment needed and that’s the minimum you need to close.

  • Don’t Forget the Insurance!

    This is the time to compare rates, call multiple companies, and get a policy in place because it is a requirement of your loan and for some can take longer than others. You also don’t want to forget! Get it done soon after escrow is started.

  • Tax Rates in the Area

    There are phone numbers listed for you to call if you have questions regarding your tax rate and tax bill. Here’s a quick snapshot how to calculate your taxes and estimated amounts when buying a house or confirming your amount due: Check your statement! And when buying a home make sure the current owner is…

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