YES! Talking with a bank before looking at homes can help you understand exactly how much you can afford. For first time home buyers, there are many first time home buyer programs available, Talking with a bank before looking at homes can help you understand what costs are associated with buying a home. A mortgage professional can give you advice on the type of financing you should be looking to obtain and also whether or not you should request the seller to contribute towards your closing costs.

When you buy, you are investing in your own future. When you rent, you are helping your landlord to invest in his or her future! There also are financial perks like tax deductions and home equity that come along with owning a home.

Most financial advisers agree that people should spend no more than 28 percent of their gross monthly income on housing expenses and no more than 36 percent on total debt. The 28/36 percent rule is home affordability rule that establishes a baseline for what you can afford to pay every month.

Yes! In most cases, there are loan programs for nearly every homebuyer who is looking to get into the real estate market. A buyer’s credit score and down payment may impact the amount they’re approved to buy or their financing rate, but there are typically mortgage options to meet many financial situations.

The amount of money you’ll need to put down on a new home depends on the price of the home you select, along with the mortgage terms that you’re approved for. Different lenders offer different loan options that may allow a buyer to put as little as 3-5% down or even less.

Yes, there are many reasons why you should have a Realtor represent your best interests when buying a home. Keep in mind, all Realtors are not the same. Attempting to buy a home without a Realtor can really make the home buying process more difficult. Having a Realtor is always recommended when buying a home.

There are no guarantees, however, in most cases the seller pays the Realtor fees.

Agents who are experiencing cash-flow challenges whether it be getting started in the field or just trying to overcome a unexpected financial hardship. We do this without running credit checks.

Licensees who are licensed with the real estate commission under Erica Homes, LLC

The maximum amount we will advance is $10,000.

We will deposit your advance directly into your bank account- same day, next day,or 3 day.

Commissions from the sale of single-family residential properties, including town homes qualify for a commission advance.

No, we do not perform credit checks.

Yes, as long as you do not exceed the advance limit of $10,000 and meet the requirements outlined in the contract, you may take more than one advance at a time.