Monthly Archives: November 2019

//November
24 11, 2019

Down Payment Savings Tips

November 24th, 2019|Blog, Buying a home, Tips & Advice|

Saving for a down payment can be difficult, no matter what point you’re at in life. If buying a home is something that you see in your future, there is no better time to start preparing for that process than now. No matter if you’re looking to buy soon or a few years from now, these tips will put you on the right track.

Determine How Much to Save

This first step is huge to home buyers everywhere. Determine how much you can spend on a home and how much of a down payment you’ll be saving for. Your loan officer can help you determine what is needed for a down payment.  Although there are advantages to putting 20% of your purchase price as a down payment, this is not required.

Determine When You Want to Buy

By having an idea on when you’d like to purchase a home, you will be able to set the amount of money you need to save per year. The shorter time frame, the more you must save annually.

Where to Keep Your Money

By saving your money in a savings account or certificate of deposit, you are guaranteeing that you can access the amount you’ve set aside with ease.  Utilizing stocks or investments may result in a higher return, however, there is the risk of market fluctuations.

Similarly, consider setting your savings to be automated. If the amount you want to take per check is removed and put into a separate account without any thought, there is less chance of overspending or using the money for something else.

Make Use of Your “Bonus” Money

We all know that most of our money is accounted for before we ever see it. On the other hand, sometimes we have a large amount of cash coming back that can help move that savings along or […]

21 11, 2019

Loan Officer Spotlight: Beth Ann Johnson

November 21st, 2019|Blog, General|

At First Ohio Home Finance, we know that choosing a lender is an important, personal decision. Our team of loan officers are skilled in providing personalized mortgage solutions while providing the best service to our customers. We want to give you the opportunity to get to know our amazing team!

Beth Johnson

We’re featuring Beth Ann Johnson in this Loan Officer Spotlight. Beth Ann has been a loan officer since December 2011. Here’s a little snapshot from our interview with Hayden for this Loan Officer Spotlight.

Q: What inspired you to become a mortgage loan officer?

A: I had been a real estate agent and I wanted to learn the lending side of the real estate business.  I wanted the additional knowledge to help my customers better understand the complete process of buying a home.

Q: What is your favorite part about being a loan officer?

A: I love working with my customers and sharing in their excitement when the loan process is completed and they get their keys to their new home.

Q: What interests you about the mortgage business/industry?

A: I like being able to help people get the home financing.  Buying a home is one of the largest investments a person makes in their lifetime.  I like knowing that I’m helping with my customers make that investment and knowing I’m helping them get the mortgage product that best suits their individual needs.

Q: How do you ensure excellent customer service for your clients?

A: Communication is the key.  I let my borrowers know upfront what to expect, what type of documentation is needed and also explain why the types of documentation are requested.   I keep borrower’s informed throughout the entire process.  If there is an issue of some sort, I let my buyers know immediately so the problem can get […]

19 11, 2019

Holiday Home Buying and Selling

November 19th, 2019|Blog, General, Tips & Advice|

Selling

During the holiday season, many sellers decide to take their homes off the market or wait to list them until January when the hustle of the holidays is over. However, it has been proven that this is a mistake.

While the busyness surrounding the holidays is enough to overwhelm anyone, this is what sets you apart from other sellers. With busy schedules, sellers do not want to take the time to prepare their homes to sell. If you have already decorated your home for the holidays, use that to your advantage. Nothing brings good spirits and emotions more than holiday decorations.

Waiting to have your home ready puts you in line with many other sellers. This makes more competition in the spring, where all sellers will be vying for the same buyer’s eye. With more houses on the market to choose from, prices can often become lower than what the seller was comfortable selling for.

Lastly, you could be missing out on serious buyers. If your schedule is busy with the holidays, someone else’s is too but if the buyer is making time to look at homes, they are serious. It could be that they have been saving or they need a place immediately due to moving to the area but with less homes to choose from on the market, your home becomes a top choice and you may be able to get the price you’re asking, or more.

Buying

As a buyer in the holiday season, this could offer a few advantages. The first advantage is paired with what may seem like a disadvantage—fewer homes on the market means there are fewer homes to choose from. However, the smaller inventory will also be paired with less buyers meaning less competition. Less competition can also mean less chance of a home you want having multiple […]

7 11, 2019

Loan Officer Spotlight: Angie Bradley

November 7th, 2019|Blog, General|

At First Ohio Home Finance, we know that choosing a lender is an important, personal decision. Our team of loan officers are skilled in providing personalized mortgage solutions while providing the best service to our customers. We want to give you the opportunity to get to know our amazing team!

This Loan Officer Spotlight features Angie Bradley. Angie has 19 years of experience and is a member of the Bradley Lending Team, a recent addition to First Ohio Home Finance! Here’s a little snapshot from our interview with Angie for this Loan Officer Spotlight.

Q: What inspired you to become a mortgage loan officer?

A: I had worked in loan servicing and always wanted to be involved in the beginning stages to have more interaction with the home buyer.  To help a client purchase their first home, or their next home and be able to move their next chapter of life is so exciting!

Q: What is your favorite part about being a loan officer?

A: My clients!  I love the relationships and friendships that I am able to build!

Q: What interests you about the mortgage business/industry?

A: It is exciting, rewarding and I feel that I am always learning.

Q: How do you ensure excellent customer service for your clients?

A: Through my own personal experiences, I always empathize with my clients.  I know how exciting and stressful buying a home can feel.  I try to minimize the stress through over communication, and working with them as a team!

Q: Tell about a success story when working with a past client

A: Clients that were buying their first home, had been working for years to get to the point they could purchase their first home.  Helping them with their credit, watching them succeed and finally have the home of their dreams.

Q: […]

Load More Posts
APPLY NOW!