Home Buyer Closing Costs Explained

Learn a simple solution on how a seller’s concession (or a seller’s credit) can help you pay for your home buyer closing costs. Many home buyers save enough for the down payment, but not enough for the closing costs. We teach you that there are ways to become a homeowner even if you haven’t saved enough for closing costs.

Are you are buying a house for the first time? You might not be aware of all the home buyer closing costs that can apply to your home purchase. From home inspection fees, to origination fees, to loan expenses and more. We’ve created this informative video series to help educate home buyers on the buying process and give them the knowledge to make an empowering purchase decision.

Like what you hear? Speak to one of our licensed mortgage professionals to discuss your home buying options or sign up for our newsletter for more tips on how you can save when buying a home.

Call our expert team at 888-91-RATES to speak with a professional about any home or mortgage questions yo might have. We at Rate House Mortgage Company are always ready and happy to help and educate potential home buyers!


Video Link: https://www.youtube.com/watch?v=zpA-pAUeGoE

Learn about seller’s concession: https://www.theratehouse.com/2018/04/19/sellers-concession-can-pay-closing-costs/

Quick Vids: Rate House Fix & Flip loan program

Venturing into the world of fixing and flipping houses is becoming more and more popular! As shows like “Flip or flop” gain traction, people are becoming inspired to make their own investments and try flipping homes! A lucrative money-making opportunity, Fix & Flip loans are a great way to finance such a heavy investment.

In this quick vid, Carlos and Johnny from G&G Home Solutions speak to Roger and detail their experience with Rate House’s Fix & Flip loan program. Additionally, they explain how financing helped make the investment into the home they flipped, and show the before and after pictures from the process! Also, stick around to the end of the video to see the cost breakdown of the house they flipped! We detail their finances, including how much profit they made! Carlos and Johnny are great examples of clients who were immensely satisfied with the options they were provided with.

Flipping homes can be complex, but Rate House Mortgage Company can make the process easy. Our financing options will get you on your way to flipping your first house as soon as possible! We provide comprehensive, intelligent insight into the process to give you a complete understanding of what flipping homes entails. You can be fixing and flipping your first home, or you can be a seasoned house flipping expert. It doesn’t matter to us, we treat all of our clients with the same respect! Most importantly, if you think you want to try your hand at flipping homes, give us a call at 888-91-RATES!

To learn more about the home-buying process, click here!

Quick Vids: Buying Vs Renting

Everybody wants to own a home, and to do what they want with their own personal space. However, the cost of a mortgage can be worrisome to most people. Luckily, the fact is that if you’re currently renting a house or apartment, it’s likely that you can afford to make mortgage payments.

In this quick vid, Roger and NJ Realtor Patricia Ruiz give insight into the world of Buying vs. Renting. For an example, they explain that someone paying $2,150 a month in rent can potentially buy a $300,000 home with just a $9,000 down payment! In addition, once you own a home you can decorate the space however you want! You have no landlords telling you what to do! For instance, you could paint the walls, hang pictures, get a pet, and do much more!

Buying a home is not as scary or complex as many people make it out to be. In fact, owning a home is one of the best things that you can do to increase your equity. Let us at Rate House Mortgage Company simplify the process for you, and get you the best rate on a new home!

To learn more about the home-buying process, click here!

Home Renovation & 203(k) Mortgages – How does it work?

Have you ever thought about home renovation, purchasing a fixer upper, and remodeling it?  For instance, maybe purchasing a foreclosed property or short sale?

In today’s Real Estate market, this is becoming an increasingly popular choice for First Time Home Buyers.  In other words, inventory is tight, and prices are going up.  Therefore the thought of purchasing a distressed home, and doing home renovation is very appealing.

In this video, our Executive Vice President; Roger J Sanchez, explains how a 203K Mortgage or Conventional Home Renovation Mortgage works.  Above all, you will learn everything you’ve always wanted to know about how to make this dream a reality.

Rate House Mortgage Company has locally licensed Mortgage Professionals that will explain how you can purchase a home and remodel or renovate that home, with one simple mortgage.  Therefore you can reach out to us if you have any questions about purchasing a fixer upper and getting a mortgage to remodel it at the same time.

Call our expert team at 888-91-RATES to speak with a professional about any home or mortgage questions yo might have. We at Rate House Mortgage Company are always ready and happy to help and educate potential home buyers!


Video Link:  https://www.youtube.com/watch?v=ZH5uM_JJ13w

Learn about Home Buyer Closing Costs: https://www.theratehouse.com/2018/04/18/home-buyer-closing-costs-explained/