FHA loans are a great way for first time home buyers to secure financing to purchase a home especially if they have less than perfect credit or lack a large down payment. FHA loans are accessible to a wide range of people and are backed by the government so they aren’t as risky as other…

What Is Refinancing? When you purchase a home you most likely took out a mortgage to buy a home. If you choose to get a new mortgage to replace the first one, that is called refinancing. If you’re credit is in good shape, refinancing can save you some money by adjusting your interest rate from…

Making the decision to purchase a home is not something that anyone takes lightly. It is generally the most expensive and most important decision many people make in their lives. Not only do you have to figure out the basics like how you want to pay for it and what kind of down payment can…

The biggest question surrounding home inspections is: do I need one? The short answer is no, it’s not necessary to buy a home, but that does not mean it’s not a good idea to have one. A home inspection may slow down the process and add a little extra cost to your home purchase but…

The key factor that lenders consider when it comes to determining the amount and the rate at which you borrow funds is your credit score. Your credit score is determined by your credit worthiness, or how likely it is that you will be able to repay the amount of money loaned to you. Many people…

The first thing most people think about when they start their journey to buy a home is how they plan on paying for it. Not too many people can make a cash offer on a home so securing financing is typically a major concern especially for those that are first time home buyers. Some frequent…

Buying a home can be a very exciting experience but when you start on your home buying journey, you’ll want to do some research and ask lots of questions from experienced professionals. One thing that many people don’t fully research before talking to a lender is how credit is used to determine your mortgage and…

If you are a first time home buyer, you are probably excited, nervous and have a whole lot of questions about the entire process. Buying a home is a big decision and we want to be here to help you out along the way.  The first thing you want to do is prepare and review…

Making the decision to purchase a home can be very exciting, but we know that it can also bring about a lot of questions and concerns. It’s a very big decision especially for a first time home buyer and at Family First Mortgage in Lafayette, LA want to do whatever we can to help you…

The key factor that lenders consider when it comes to determining the amount and rate at which you borrow funds is your credit score. Your credit score is determined by your credit worthiness, or how likely it is that you will be able to repay the amount of money loaned to you. Many people are…