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!

  • HOAs

    http://www.instagram.com/reel/C5JfjT5AyKR/ Here’s a video of an actual conversation I had with clients, and many others, how they can be detrimental to your loan and approval amount. In the caption, I also explain some other things to consider. Including scenarios like this: Lots of things to consider with HOAs. During your home sale you get a…

  • Quick Overview of Loans

    ARMs can get very expensive and these loans often are based on the PRIME Index (the Fed Rate) but even when the Fed lowers the rate a lot, you’re still paying a margin over the Fed Rate. The Prime Rate could be 4% but your ARM could still mean you’re paying 6-7% because of your…

  • How to Save for a Down Payment

    Most people have this problem because money is hard to come by obviously. The answer to this age old question is throughout my blog and Instagram actually because it’s multi-faceted. You need the right savings and checking accounts like the MMA and HYSA and definitely a CD or two to keep that savings out of…

  • Quick Tips to Save on Your Mortgage When Applying

    This is a good starting point if you’re thinking about buying a home one day. You have to be consistent with this. You don’t need to be debt free to get approved for a good rate usually, but you need a low debt load in order to get the best rate and lowest monthly payment…

  • With Rates and Prices Where They Are, Should I Really Only Put 3% Down even if I’m Preapproved?

    The more I look at rates, prices, the current affordability aspect of America, I do believe it’s time to revisit the aspect of doing a minimum 5%. You can do any amount technically that you want to put down, it’s just some programs have a minimum. If you have 7% down for what you’re seeing…

  • An Overview of the Fed Rate

    If you have more questions email me or send a DM @snowplowsandcacti on IG.

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