Real Estate Affordability

Buying a home can be nerve-racking, especially when you consider the costs at the beginning of the process, with most home loans requiring a down payment of between 10-30%. Not to mention the various fees that come with it. For many buyers, this may feel like homeownership is out of reach. Thankfully, using government loans […]

Retirees who have worked hard and saved carefully may consider buying a larger home better suited to pursuing new hobbies, small business ventures, or hosting family gatherings. For those who have accumulated many belongings over the years or are storing the possessions of college-aged children who haven’t yet settled down, a larger home allows for […]

By Richard Stevens Digital Content Manager New Silver Lending, LLC Calculating how much house you can afford is relatively straightforward if you just want a basic estimate based on your current salary. For instance, one quick rule thumb is to multiply your annual salary by 2.5 (or 3 if you have a good credit score). […]