Recent Articles
Is Now the Right Time to Refinance Your Mortgage?
Considering refinancing your mortgage? Learn how refinancing can improve your financial situation, when it makes sense to act, and what factors to consider. Contact us today for personalized refinancing options!
The Surprising Factors That Could Make Your Home Worth More!
Discover the top factors that can increase your home's value, from location and upgrades to market trends. Learn how you can boost your property's worth and when refinancing might make sense!
How to Beat Inflation and Buy the Perfect Home: 6 Hacks for Savvy Buyers
Is buying a home during inflation a bad idea? Is it possible? Here are 6 tips for making the right move.
Your Home’s Hidden Value: How Much Equity Can You Borrow Today?
Rates are dropping. Find out how much you can borrow from your home equity.
Interest Rates Are Dropping: Here’s What It Means for Your Loans and Savings
The Feds are anticipated to lower interest rates. Here is how lower rates could affect mortgage rates, credit cards, car loans, and savings.
How to Dodge the Top 3 Mortgage Blunders in Today’s Market
Don't fall for these 3 common mistakes in today's competitive market!
The Housing Market Shift You Didn't See Coming—Is Your Dream Home Finally Within Reach?
Are we moving towards a more balanced market? Here's what we're seeing --and it could be the perfect time to buy!
2025 Real Estate Forecast: The Surprising Truth About Buying Now!
Should you wait until 2025 to buy a home? Here's what experts are forecasting and these facts may surprise you!
Locking In Your Mortgage Rate: Why and When to Lock it
Can you benefit from locking in your mortgage rate? Here's what you need to know to make the best decision for your situation.
Understanding Inflation: What It Means for Homebuyers and Those Considering Refinancing
Inflation has been top of mind when it comes to housing affordability. Here's what you need to know about the latest data reports.
Busting the Biggest Myths About Buying a Home in 2024
We're separating fact from fiction regarding the current housing market.
How Much Do I Need to Make to Afford a $400,000 Mortgage?
When considering a $400,000 mortgage, understanding the income requirements is crucial. As a trusted Florida mortgage broker, we often get asked this question by potential homebuyers. Assuming a 30-year fixed-rate mortgage at an interest rate of 6.99%, your monthly payment (principal and interest) would be approximately $2,659. Adding property taxes, homeowner's insurance, and association fees, the total monthly payment would be around $3,616. To keep your debt-to-income (DTI) ratio within the acceptable range of 44.9% to 56.9%, your annual income should range from approximately $76,260 to $96,648. Various factors like down payment, credit score, and existing debts will influence the exact income needed. For a personalized assessment and more detailed advice, contact EZ Funding Group, Inc. today. We're here to help you navigate your home-buying journey with ease and confidence.
Is a Second Mortgage Right for You? The Benefits and Pitfalls Explained
A second mortgage is a loan secured by your home that allows you to tap into its equity, offering potential benefits like access to cash and lower interest rates, but also comes with risks such as increased debt and potential foreclosure.
New vs. Existing: Why a Newly Built Home Could Be the Better Deal
Learn why newly built homes might be your most budget-friendly option.
Navigating Refinance Appraisals with Confidence
By understanding and preparing for the refinance appraisal process, you can better navigate your mortgage refinancing and potentially secure more favorable loan terms.
Tax Deductibility of Home Equity Loans in 2024
Let'a talk about maximizing your tax benefits with home equity loan deductions.
Who is the Best to Get a Home Loan From?
When it comes to securing a home loan, finding the right lender can make a world of difference. At EZ Funding Group, Inc., we pride ourselves on being a top choice for homebuyers. Our competitive rates, personalized service, and commitment to educating and empowering our clients set us apart. We provide wealth-building tools like market updates and real estate wealth reports, ensuring our clients are always in the right loan at the right time. After closing, we offer annual financial reviews to maximize your real estate investments and help you achieve your retirement goals. Choose EZ Funding Group, Inc. for a seamless, supportive home loan experience from start to finish.
Is Your Dream Neighborhood in a Buyer's Market? Here's How to Find Out
If you're curious whether your desired neighborhood currently offers favorable conditions for buyers, here are practical ways to determine it.
How Does the Florida Hometown Heroes Program Work? Unlock Affordable Homeownership with the Relaunch on July 1, 2024!
Discover how the Florida Hometown Heroes Program works and how it can help you achieve affordable homeownership. Relaunching on July 1, 2024, this program offers lower-than-market interest rates, down payment assistance, and other benefits for eligible community workers. Learn more and get ready to apply with EZ Funding Group, Inc.
Understanding Your FICO Score: Key to Better Home Loan Rates
A FICO score is a three-digit number representing your creditworthiness, determined by factors like payment history and amounts owed, and it significantly influences your ability to qualify for and secure favorable terms on home loans.