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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A lot of homeowners and buyers are feeling a bit of uncertainty in the market as we head into 2018, but thanks to his dedicated team of professionals, Bob Johnson (AKA BobMortgage) is ready to arm you with the facts you need to make the best decision for your household. It’s no wonder why Bob, the senior mortgage adviser for the nation’s oldest private lender — Wallick & Volk — is our most-trusted name in home finance. 

What does the data say about 2018? Click through to find out in this week’s Mortgage Report:

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Maybe you’ve found the perfect neighborhood, but the best home for your budget is far from perfect. Renovation can be expensive, says Bob Johnson (aka BobMortgage), but don’t be afraid of taking out a renovation loan. Our most-trusted expert in lending, the senior mortgage adviser at the nation’s oldest private lender — Wallick & Volk — has all the information you need when considering an overhaul on your house.

Ready to make an investment that could change your life? Watch this week’s BobMortgage Zone after the jump!

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Last week’s news caused chaos, with the bottom falling out of the bond market and disruption throughout Washington. However, this weeks shows promise of rebound, with a better-than-projected jobs report and some much needed support in mortgage bonds. However, will job growth finally mean wage growth? And what about the upcoming rate decision from the Federal Reserve?

Should you lock or float? Watch this week’s Mortgage Report to find out. With so many variables in the market, there’s no better time to have a trusted mortgage adviser on your side, and there’s no better expert than Bob Johnson (AKA BobMortgage), senior mortgage adviser at the nation’s oldest private lender — Wallick & Volk.

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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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If you’re a market watcher, chances are that you’re in desperate need of a manicure after all the nail-biting action on Wall Street. The Senate GOP passing a tax bill, as well as news about the FBI investigation into Trump associates’ contact with Russian envoys, all sent the market into a tizzy.

Of course, you may be wondering, as the bottom falls out of the bond market, whether you should lock or float … the answer? Listen to our most trusted mortgage expert, Bob Johnson (AKA BobMortgage), senior mortgage advisor at the nation’s oldest private lender — Wallick & Volk, in this week’s Mortgage Report: 

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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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Rents are forecasted to rise 8 percent in the coming 12 months, and new home starts are up — giving the market some serious optimism when considering our housing supply issues. But Bob Johnson (AKA BobMortgage — senior mortgage advisor at the nation’s oldest private lender — Wallick & Volk), has some wisdom to share with renters: “You’re already paying a mortgage, it’s just not yours,” he says in this week’s issue of The Mortgage Report. “Stop giving the money to your landlord.”

This week’s episode shows you have to take the good with the bad. Though new home starts are up, so are initial jobless claims. And while there’s plenty of positive momentum in the market for the close of 2017, the bond market doesn’t seem to be getting that message. Should you lock or float? Tune into this week’s Mortgage Report to find out: 

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