
Don’t Get Caught Off Guard by Closing Costs
As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get start
![Key Terms for Homebuyers [INFOGRAPHIC],Bent Danholm](https://img.chime.me/image/fs/chimeblog/20220311/16/w600_original_c6584630-de42-445a-a097-3eac5ed1640d-png.webp)
Key Terms for Homebuyers [INFOGRAPHIC]
Some HighlightsKnowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford.Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which giv

Down Payment Assistance Programs Can Help You Achieve Homeownership
For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership. Data from the National Associatio
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