Do Good Mortgage

Confused by real estate jargon? 🤯 Before you tour homes in Portland, Beaverton, or SE, you need to know these 7 terms:

🔑 1. PRE-APPROVAL: A lender’s commitment to loan you a specific amount. Proves you're a serious buyer!
💸 2. EARNEST MONEY: A "good faith" deposit (1–3% in Oregon) paid when an offer is accepted.
🛡️ 3. CONTINGENCY: Conditions that must be met (like inspections) to protect your deposit if things go wrong.
📊 4. APPRAISAL: An independent valuation of the home's worth. Lenders won't loan more than this value.
💰 5. CLOSING COSTS: Extra fees paid at the end (2–5% of the loan) for escrow, lender fees, and title insurance.
🤝 6. ESCROW: A neutral third party that safely holds all funds and deeds until the deal closes.
📈 7. DEBT-TO-INCOME (DTI): Your monthly debt divided by gross income. Lenders prefer this under 43–50%.

Ready to test your knowledge and see if you're prepared to buy?

Comment "QUIZ" below and I’ll DM you my free Homebuyer Quiz to help you find your next steps! 🧠✨

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⚠️ DISCLAIMER: Educational only. Not financial, legal, or professional real estate advice. Consult a licensed professional for your situation.

Thinking about buying your first home but not sure where you actually stand? 🏡👇

The market moves fast, and the absolute best thing you can do as a first-time buyer is get clear on your numbers and your strategy before you start falling in love with houses online.

Whether you’re trying to figure out down payments, looking into assistance programs, or trying to decide if the timing is right for your personal situation—it all starts with a clear, customized game plan.

Ready to see if you’re truly prepared to buy?

💬 Comment the word QUIZ below, and I’ll instantly slide into your DMs with a link to my free First-Time Homebuyer Quiz to help you find out exactly where you stand!

Growth is realizing this truth… 👇

1️⃣ Writing a $2,500 check for rent is hard.
2️⃣ Writing a $2,500 check for a mortgage is hard.

The difference? One is an expense. The other is an investment.

Renting means you're vulnerable to annual hikes and helping someone else pay down their debt. Buying means you're locking in your housing costs and building long-term equity.

Nobody said buying a home is a walk in the park—saving for the down payment takes discipline, and maintenance falls on you. But every dollar you put into a mortgage is a dollar invested in your own future stability, not your landlord's retirement fund.

Stop pouring your hard-earned money into an asset you'll never own.

Choose your hard. 🔑

Wondering if you’re financially and mentally prepared to make the leap to homeownership? Take my First-Time Homebuyer Quiz. Comment “QUIZ” below, and I’ll send you the link to see where you stand.