Troy Tom, Sr Mortgage Loan Officer

Here today with a helpful ! ✅

Before you prepare to dive into the home buying process, make sure that you evaluate your credit score and determine if you need to raise it in order to be a successful homebuyer.

This will help set you up for a better home buying experience, especially as a first-time buyer.

This is a mortgage term you should KNOW! 💡

Principal refers to the total amount of money you take out in a loan.

This amount will decrease over time as you make payments on your loan. 📉

Multi-family homes are a smart option for those with larger families or anyone looking to invest in a property to rent out to others.

But what should you know BEFORE you invest in this type of property? 🤔

👉 Competition may be intense for these types of properties
👉 It can help you diversify your real estate portfolio and build a consistent income.
👉 Multi-family homes can be more difficult to sell down the road.

Avoid the scoff and get PRE-APPROVED! 🙌

This simple but monumental step can help you stand out from the crowd of other buyers that may not have taken the time to complete this step.

You may complete this step up to 1 YEAR before you are ready to buy. So, what are you waiting for?!

Are you a who's trying to determine your monthly budget?

Don't forget to add these 3 expenses to your list so you know to expect them. 👍

✔️ Property Taxes
✔️ Homeowners Insurance
✔️Home Maintenance Costs

Can buying a home actually SAVE you money when it comes to taxes? 💰💰

This may be the case if you file for tax deductions the year following your home purchase.

There are a few different types of deductions available to you as a homeowner – read more here ➡️ https://www.emortgagecapital.com/post/can-buying-a-house-help-you-save-money-on-taxes

Having a STRONG 💪 credit score is important when applying for a loan.

One way you can keep a desirable credit score is to pay your bills early or right on time. ⌚

Taking these steps will only help you when it's time to apply for a loan.

Today is a day for spreading love. 💌 So let's take advantage of that!

Tag someone in the comments to show them a lil' extra love this Valentine's Day.

Home is where the Super Bowl parties are held...🏈🌮

Move into a home of your own in 2023, so you can host your own for the next one!

While a home inspection is not legally required when buying a home, it is an important step that should not be overlooked. ✅

Having a home inspected ahead of time can help to...

😌 Alleviate stress with repairs after move-in day
🥰 Improve your confidence as a buyer
💰 Enhance the value of your property

Monday is a great day to start your week off on the right foot and set goals for yourself to accomplish throughout the week.

What is something you want to accomplish to end this month off strong?! Comment below so we can encourage each other...💪

Are you nervous about starting a new project or venture in 2023?

What about buying your dream home? 🏠

Remember, it is important to not let fear or failure overtake you when it comes to significant change or chasing your goals.

Although, it is also important to remember to make informed decisions before taking the leap. ✔️

I can help you learn all you need to know about homebuying! Send me a DM so that we can connect. 🗨️

Sharing kind words with each other is one of the best ways to show support and encouragement.

Who do you want to show a little extra love to today? Drop them a compliment in the comments! 😁

If you are a mortgage professional looking to reach more clients this year, you HAVE to try these two things...🙌

1. Attend industry seminars, conferences, or other networking events - these are a great way to meet new people in your field and develop new relationships with potential future partners.

2. Clarify your goals - Do a self-reflection of your goals for the new year and determine steps you will be taking to make those a reality for your business!

The lessons and acheivements of Dr. Martin Luther King Jr. carry on with his legacy.

Today we honor and remember all he did for civil rights and equality in this country. 🤝

When applying for a home loan, it is common for lenders to require multiple bank statements to verify your income and financial status. 💸🚨

So, why is this necessary?

This is typically requested to make sure that the prospective buyer has not recently taken out any other loans or sneakily borrowed money from someone else to afford the home in question. 😥

Here's the hard truth...utility costs can add up.

Want to know an easy way to CUT ✂️ your energy costs?

Wash your clothes in COLD ❄️ instead of HOT 🔥 water. While this small change can help save you money, it also can help clothes fade less and last longer.

The ultimate win-win. 👏

Who do you surround yourself with in your day-to-day life? 🌐

It has been proven that the people you surround yourself with have a hand in determining your mood, behavior, and decisions.

The same holds true in business!

Ensuring that you surround yourself with a solid group of individuals that are supportive of your goals and will help you to reach them will only benefit you positively in the long run. 🤝

Technology is a part of everything we do - this goes for your house as well!

Do you have any of these home technology items working in your home?

⚙️ Robotic Vaccum Cleaners
🌡️ Digital Thermostats
🔓 Smart Locks

Pre-qualification is a crucial step in becoming a homeowner...

Have you ✅-ed this off your list yet?

A new year means new goals, new dreams, and a new opportunity to crush them. 💪

What's on your list for 2023? 📃

It's been a great year, and I am SO thankful for all of my amazing clients!

How are you planning to ring in the new year tonight?

SEE YOU IN 2023!! 🎊

#2023

Today is ! 🏠

The feeling of owning your own home is lovely, especially during the holiday season.

Cheers to all of the current homeowners and those to be in 2023. 🥂

You better bundle up because winter is officially upon us. 🥶🌨️

Is your home ready for the colder months ahead?

Does this homeownership surprise you?

Many follow the pattern of a starter, a family, and then a retirement home (with potentially a few others sprinkled in between 😉)

Let me know how many homes you've owned or if you are just starting your journey?! 👣

How do you live eco-friendly in your home? 💡

Here are a few ways to live more sustainable and save even more this winter:

-Turn off the lights when you are not using them.
-Service your furnace and air conditioner regularly.
-Install window treatments to prevent air leaks.