New Houses Springing onto the Market!

New Houses Springing onto the Market

March Newsletter

Spring is on the horizon and I, for one, am ready for it! The spring season means sandals and iced coffees, spring cleaning and home sales, weekend hikes and evening porch sitting. Are you and your home ready for the new season? If you feel like you may need a new one to fit all your needs, now is the time to do it! Houses are selling as quickly as the spring flowers are blooming!

Please remember, I am never too busy for you! I am available 24/7 to answer any questions or handle your referrals. Be sure to follow me on Facebook and Instagram for more frequent updates on listings.

Student Loans and Homebuying

According to StudentLoanHero.com, it’s possible for you to get a mortgage loan, even with a high student loan debt. It’s all in how you manage the three most important factors in getting loan approval:

Down Payment: It’s possible to get a loan with a down payment as little as 3% such as the Fannie Mae HomeReady™ mortgage. Down payments can be gifts from parents, from your savings, or from state and local down payment assistance programs. No-down-payment loans for veterans are available from VA.gov and rural community loans from USDA.gov.

Credit Scores: Quickenloans.com says the minimum credit scores you need (between 580 and 620) depend on the type of loan you want. VA loans don’t require credit scores, but the private lenders typically require scores of 580 or higher.

Debt-to-Income ratio: Debt-to-income (DTI) ratio means how much debt you have as a percentage of your income. Your total debt service should be no more than 10-13% of your gross monthly income. Start making higher payments to reduce credit card debt. You can also refinance student loans to lower the payments, but be cautious about refinancing federal loans if you need benefits such as loan forbearance, loan forgiveness and income-based payments.

What's cooking?

Classic Chocolate Chip Cookies

Thick and chewy, with a soft interior and a crisp edge, these classic chocolate chip cookies are a must for your recipe box. This always-requested recipe makes a perfect treat anytime!

Slow Cooker Ranch Pesto Chicken

Easy, economical, and flavorful, this slow cooker ranch pesto chicken recipe is a must-have for busy days! With just 3 ingredients, you can prepare a delicious main dish in minutes using your slow cooker. Tips for using a pressure cooker also included in the post!

Lucky Ginger Martini

Just a couple more weeks to St Patrick's Day. If green beer isn’t your thing, I have the perfect alternative!

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Berkshire Hathaway HomeServices PenFed Realty

13555 Wellington Center Circle Ste. 107

Gainesville, VA 20155

o: (703) 396-6000 f: (703) 396-6001 c: (571) 469-0901

www.mynorthernvarealtor.com | Email ashley@mynorthernvarealtor.com