Southern California Home Lending and Homebuying Advice and Tips Chase Mortgage Hub - Los Angeles Times
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Chase Mortgage Hub
Chase Mortgage Hub

  • Buying a home for the first time can be exciting. But there are a lot of new processes you’ll experience and people you’ll need to work with, too. Here are 10 of the top first-time homebuyer tips to help guide you through your journey from start to finish.

  • Are you looking to buy a house? Before you start daydreaming about your new home, you need to consider which type of mortgage you’re going to use to buy it. You could opt for a regular conforming mortgage. But what if you want to buy an expensive home? For that, you probably need a jumbo mortgage.

  • If you dream of owning a house but can’t afford the down payment needed to get a home loan, you’ll be happy to know there are state and local assistance programs to help make homeownership a reality for you.

  • The two most popular options for first-time homebuyers are conventional and Federal Housing Administration (FHA) loans. Each loan has advantages and drawbacks to consider.

  • When you refinance, you’re replacing your original loan with a new one. Refinancing may allow you to adjust the interest rate and/or length of your loan, which impacts your payments. There are a number of reasons why refinancing may be a good idea, although there are a few things you should consider when deciding if refinancing is right for you.