Sandra Ybarrolaza - Preferred Rate

Let's chat about 'Loan-to-Value'—the cool factor in home financing! It's the ratio of your loan amount to your home's value, helping you understand the financial vibe of your investment. Embrace the LTV magic for a friendlier journey to your dream home! #MortgageVocabulary

Buying a home is a big deal. Whether you’re a first-time homebuyer or shopping for your next home that finally has enough bathrooms, stepping inside a home you call your own is everything good. Deciding to shop for a new home can feel exciting in the beginning. But once you’re ready to take action, things can get stressful very quickly. We’re here to help change that. Reach out to me today to learn how we may be able to make your dream of homeownership a reality!

Home is a place for new beginnings. What's your favorite thing about homeownership?

Equity reveals the portion of the property value that you can rightfully claim as your own. If you are planning to sell your home, the higher the equity amount, the more cash you will get out of the sale. For most, the equity built up in a home is the largest financial asset and an incredible way to build wealth. How fast or slow home equity grows depends on property values and how much principal you pay down on your mortgage.

Did you know that you do not have to put 20 percent down on a house? In fact, the average down payment for first-time buyers is just 6 percent. And there are loan programs that let you put as little as zero down. However, a smaller down payment means a more expensive mortgage long-term but if you want to get into a house sooner rather than later, that might be a sacrifice you want to make! Thinking of buying? Reach out to me today to learn more about your down payment options!

Are you a Veteran or Active Duty? We may be able to help you get into the home of your dreams. Reach out today for more information!

Are you a Veteran or Active Duty? We may be able to help you get into the home of your dreams. Reach out today for more information!