Rilian Ball

First Capital Group

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What Potential Homebuyers Need To Know About Buying Their First Homes

November 9, 2021 by Rilian Ball

It is exciting to purchase a house for the first time, but this is also a major financial decision. Therefore, potential homebuyers need to make sure they are prepared. What do potential homeowners need to know about purchasing a home for the first time? Learn more about this process below.  Ask For Help From A Real Estate Agent First-time home buyers always need to ask for help from a real estate agent. A real estate agent can help someone identify potential issues with a home that might … [Read more...]

Filed Under: Mortgage Tagged With: Debt, First Time Homeowner, Inspections

The Top Benefits Of Having Mortgage Debt

October 5, 2021 by Rilian Ball

The vast majority of people need to take out a loan to purchase a home. While there are many forms of debt that people would rather avoid, some types of debt can actually be a positive. This includes mortgage debt. What are a few of the top benefits of having mortgage debt? Access To Extra Liquidity One of the biggest benefits of having mortgage debt is that homeowners will have access to more liquid cash. If someone spends all of their money buying a house in cash, they might not have anything … [Read more...]

Filed Under: Mortgage Tagged With: Debt, Fixed Payments, Mortgage

How Does My Existing Debt Affect Getting A New Mortgage?

November 5, 2019 by Rilian Ball

Carrying debt is a common problem that people have. Some of the most common types of debt include student loans, credit cards, and motor vehicles. When you are interested in buying a new home, you often think about whether or not your debt is going to hurt your chances of qualifying for a new mortgage. Fortunately, you may still get a new home with that debt. There are several factors that may determine whether or not you qualify. Your Debt to Income Ratio The debt to income ratio is a major … [Read more...]

Filed Under: Mortgage Tagged With: Debt, Loan Qualification, Mortgage

Understanding Your Debt To Income Ratio

May 31, 2018 by Rilian Ball

When you are filling out a mortgage application, the lender will be asking you for specific financial information. One of the reasons they ask for this information is to enable the underwriter to calculate your debt to income ratio. The debt to income ratio is what most mortgage lenders use to determine the level of risk they are taking when they agree to provide you a mortgage. Most mortgage lenders will use your debt to income ratio to determine your interest rate, down payment requirements, … [Read more...]

Filed Under: Mortgage Tagged With: Debt, Loan Qualification, Mortgage

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Rilian Ball


Branch Manager
First Capital Group
NMLS# 202687

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Rilian Ball
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