Envision Funding

We Close Loans Fast!

  • Home
  • About
    • About Us
    • Privacy Policy
  • Blog
  • Resources
    • First Time Home Buyer Tips
    • First Time Home Seller Tips
    • Closing Costs
    • Home Appraisal
    • Home Inspection
    • Loan Checklist
    • Loan Process
    • Loan Programs
    • Mortgage FAQ
    • Mortgage Glossary
    • Debt Solutions
  • Applications
    • Apply Now Short Form
    • Business Funding Full Application
    • Broker Registration
    • Real Estate Lending Quick Application
  • Loan Programs
    • Business Loans
    • Commercial Loans
  • Contact

Falling In Love With An Imperfect Home

October 15, 2020 by Regine Lane

Falling In Love With An Imperfect HomeWhen people start the process of trying to find a home, they want to make sure that they take the time to get this decision right. The reality is that a home is the most expensive purchase that most people are ever going to make. As a result, they need to make sure they find a home that will meet their needs.

At the same time, it will be hard to find a home that is truly perfect. Therefore, it is a great idea for everyone to come up with a list of necessities and a list of features on which they can be more flexible. How can people do this? How can people fall in love with an imperfect home?

Remember That There Are Options

Every home is going to have its flaws. Those who spend the time trying to find a home that is absolutely perfect are going to have decision paralysis. On the other hand, it is important to remember that there are options available. Nearly everything that is wrong with a potential home can be remedied, fixed up, or recycled. In this manner, even if a home is not perfect when people first look at it, there is a way to make it perfect with a few improvements or upgrades. This is a nice alternative that people should keep in mind.

The Styles Of Homes Change

Furthermore, keep in mind that it might be helpful to find a home that will grow with the family or the homeowners. Styles rotate and change on a regular basis, so people should not worry about finding something that is going to be absolutely perfect right this minute. For example, the open concept is one of the biggest shifts that has taken place during the past few years.

Closet standards have changed as well. There are even inconvenient structural columns that people have found a way to love. There are plenty of ways that homeowners can take a home that has flaws and find ways to help them match new and trending styles.

These are just a few of the ways that homeowners can find ways to love a home that is not perfect. This could make it easier for homeowners to find the right home for them.

Filed Under: Mortgage Tagged With: Homeowners, Mortgage Tips, New Home

How Much House Is Too Much House: A Mortgage Calculation Guide

October 8, 2020 by Regine Lane

How Much House Is Too Much House:When it comes to finding a home, this is an exciting time. Many people love looking at houses; however, the reality is that people also need to think carefully about how much house they can actually afford. Buying a home is a big decision and for many people this is going to be the most expensive purchase they ever make in their lives. Therefore, it is important to take the time to get this decision right. There are plenty of ways for people to calculate how much house they can actually afford. With a budget in mind, this will make the shopping process easier.

The 28 Percent Rule

One of the top ways that people can figure out how much house they can afford is called the 28 percent rule. This is a simple formula that states that the house should only spend 28 percent of their gross income on expenses related to homeownership. This includes:

  • The mortgage, including the principal and interest
  • Real estate taxes
  • Homeowner’s insurance
  • Private Mortgage Insurance (PMI), if this applies
  • HOA dues

Keep in mind that this is the gross monthly income, meaning that this is before taxes.

The 36 Percent Rule

Another key rule that people need to keep in mind is called the 36 percent rule. This is a rule that states that that people should not spend any more than 36 percent of their gross monthly income on debts. This might include housing expenses (such as the ones above), loan payments (including car loans and student loans), child support, alimony, and credit card debt. Therefore, those who have more of these expenses are going to have less money to spend on a home.

Find The Right Budget For A Home

This is a short overview of how people can figure out how much house they can afford. Once people know how much they can spend each month on a home, they should be able to calculate backward to figure out how big of a loan they can actually take out. Of course, it is always important to remember that there are trained professionals who can help people figure out exactly how big of a house they can afford.

Filed Under: Home Buying Tips Tagged With: Affordability, Budgets, New Home

  • « Previous Page
  • 1
  • …
  • 18
  • 19
  • 20
  • 21
  • 22
  • …
  • 24
  • Next Page »

Envision Funding
Private Money Lender
Call Today: 678-719-9669

Connect with Us!

Let’s Keep In Touch!

  • This field is for validation purposes and should be left unchanged.

Browse Articles by Category

The Latest Articles

  • What Homebuyers Need to Know About Mortgage Interest Rates and APR
  • What Every Homebuyer Needs to Know About Mortgage Origination Fees
  • 5 Financial Signs You Are Ready to Qualify for a Mortgage
  • What’s Ahead For Mortgage Rates This Week – February 2nd, 2026
nmlsconsumeraccess.org
Equal Housing Lender

Envision Funding Solutions, Real Estate Loans, Kennesaw, GA

Our Location

Envision Funding Solutions LLC
3104 Creekside Village Dr, Ste 507 Kennesaw, GA 30144

Copyright © 2026 · Powered by MySMARTblog

Copyright © 2026 · Genesis Sample Theme on Genesis Framework · WordPress · Log in