When you buy a home, there are quite a few situations where buyers will need to pay cash to during the length of the transaction. But what are they, and how much will it cost? Our most-trusted mortgage expert, Bob Johnson (AKA BobMortgage) pulls back the curtain on how much cash you’ll need to buy a home and the four situations where you’ll need it. 

For first-time buyers, the process of buying a home can be fraught with complications. Thank goodness for BobMortgage, the senior mortgage adviser with the nation’s oldest private lender, Wallick & Volk. Educate yourself and your buyer clients with this week’s BobMortgage Zone!

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Sometimes roles are reversed, and parents end up needing a hand financially. But what’s the best way to help a parent buy a home when they don’t have the financial means to do it themselves? It’s an interesting situation that Bob Johnson (AKA Bob Mortgage) came across recently. In today’s 15th BobMortgage Zone episode, the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk, Bob walks us through a situation that may sound familiar to some people, and how to save money when roles of child and parent are reversed. 

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More and more people are getting into the market for a new home, but finding a qualifying mortgage product inside their budget can be a challenge. What do you do when you need housing but you’ve not saved enough for a big down payment? 

In today’s BobMortgage Zone broadcast, our most-trusted mortgage expert, Bob Johnson (AKA BobMortgage) shares his insight about the new 3 percent down HomeOne Mortgage. Who can qualify? Are there income limits? Find out more from the senior mortgage adviser at the nation’s oldest private lender, Wallick & Volk:

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The first hurdle that a homebuyer must surmount is the down payment on their mortgage. A tidy some with all of those zeroes, due closing, can be really intimidating for first-time buyers. Where can you get all that cash to secure the home of your dreams? Our most-trusted mortgage adviser, Bob Johnson (AKA BobMortgage), tells us in today’s BobMortgage Zone

Spoiler alert! You can use cash as a gift toward your down payment at closing. But who is allowed to give you the money? Find out from the senior mortgage adviser at the nation’s oldest private lender — Wallick & Volk — right now!

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Ever find yourself in a lending no-man’s land? As home prices have gone up, conventional loan limits have lagged, leaving fewer options for those who want to buy a pricier home that doesn’t fit in the “jumbo” category, which has stricter underwriting requirements. This could be a boon for so many homebuyers!

Sound confusing? Educate yourself with our most trusted mortgage expert, Bob Johnson (AKA BobMortgage), senior mortgage advisor at the nation’s oldest private lender — Wallick & Volk:

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The homebuying process is absolutely riddled with pitfalls, and it’s easy to make what seems like a small mistake, only to find out that it costs big money years later. That’s why we trust the expert advice of Bob Johnson (AKA BobMortgage — senior mortgage advisor at the nation’s oldest private lender — Wallick & Volk) when it comes to finding the right mortgage. 

In this episode of BobMortgage Zone, learn more about how interest rates and down payments can drastically affect your total investment in your home — and why you should consider buying now rather than putting off your homeownership journey.

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After an adverse sale, whether a short sale or a foreclosure, the idea of owning a home again feels far off and challenging. But if you’re ready to wade back into the waters of homeownership after bankruptcy or another life event, Bob Johnson (AKA BobMortgage) has some sage advice for you.

And there’s no better expert in mortgages than Bob Johnson, senior mortgage advisor for the nation’s oldest private mortgage lender, Wallick & Volk. With more than 20 years of industry experience helping thousands of people in all types of buyer situations, he’s seen it all and has the knowledge to help guide you through buying a home after foreclosure, bankruptcy, or a short sale. Click through for more:

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As Bob Johnson (AKA BobMortgage) notes, buying a home is often the biggest financial transaction most people make in their lifetimes. It can be rife with stressful situations and pitfalls, but it doesn’t have to be that way. How do you manage all of the moving parts and make the most of your experience? By following these 10 tips buyers absolutely must consider. 

And there’s no better source for expert homebuying tips than from Bob Johnson, senior mortgage advisor at Wallick & Volk — the nation’s oldest private mortgage lender. With thousands of happy clients and more than 20 years of industry experience, trust BobMortgage to get you and your buyer clients on track:

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