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Only look at homes you feel confident you can comf

Only look at homes you feel confident you can comfortably afford -- it’s one of my top pieces of advice for homebuyers. ⁣
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Today’s FAF (Frequently Asked Friday) tackles the question you’ll need the answer if you’re looking to buy: How do I know how much home I can afford?⁣
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• Most experts recommend using the 28/36 rule which means you shouldn't spend more than 28% of your gross monthly income on housing and 36% on total debt (including your mortgage, credit cards, and other loans like auto and student loans).⁣
• For example, if your salary is $75,000 per year, your gross monthly income is $6,250 ($75,000 divided by 12). Your total housing costs (principal, interest, taxes, and insurance) shouldn’t exceed $1,750 per month (28% of $6,250).⁣
• Keep in mind the 28/36 rule is just a general guideline. Adjust the percentages to your own comfort level and financial goals. ⁣
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Playing around with your budget and ready to see some homes? Send me a message and let’s start the process to get you preapproved TODAY!⁣

When the papers have been signed and the keys have

When the papers have been signed and the keys have changed hands, I always leave a closing with an incredible feeling of gratitude for the people I’ve met and a job I love. ⁣
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It NEVER gets old -- the privilege of playing a small role in someone’s transition story. These moments are even sweeter when I receive feedback like this from my realtor partners: ⁣⁣
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"Ariel answered every call, stuck throguh changing home-buying plans, and kept us in the loop at every stage. She is absolutely one of the BEST and will recommend family, friends, and fellow agents to use her for her lending needs!"
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To Justin and all my realtor-friends, thank you! I’m so happy to be your lender! There's nothing better than working with an awesome partner to help your clients get into their dream homes!

Being in the banking industry for the last decade

Being in the banking industry for the last decade I'd get asked about budgeting tools my clients could use to help with money management! I'm going to list some of the things that have helped my clients and myself to get on track with money.

1. One of the biggest issues I had was saving! I don't know if you're like me but if I could get to it, I'd spend it. So I learned to put my savings in an online savings account that I could only access for emergencies. Out of sight and out of mind! I used @ally for all of my savings now! Another tip, make sure to have a portion of your direct deposit going to your savings. This makes saving apart of your monthly budget. No amount is too small just start because it will add up over time and @ally usually has great interest rates!
2. Online Bill Pay! Have you set it up yet? I know it's 2021 but I still come across people who don't have it set up and drive around town paying bills. Use your banks online bill payment system to get it set up, which takes a bit initally but once it's done your done! Some things to consider are how quickly will your bill get there, when do they take the money out when making a payment, and is the payment covered if there is an issue.
3. The Mint app! One of my favorite ways to make sure all my bills get paid is through this app! If your a checklister this is for you because you can go through and check off when bills are paid. Life gets busy so it's just another way to make sure your bills are taken care of and send reminders when they aren't!
4. Prepaid cards! I feel like these have gotten a bad rap but honestly for my clients who struggled with overdraft fees this was a saving grace. You can go to any bank and get one, just make sure it's free or has some way to waive the fee. I used it as a budgeting tool by putting my spending money on there. When it's gone it's gone and my bills were paid out of a seperate account. You can have different prepaid cards for different things; vacation, spending, gas + food. Some people use these as Dave Ramsey would with the envelope system.

I'd love to hear some of the ways you budget! Comment below!

When I was back in the office I was on the road ab

When I was back in the office I was on the road about two hours a day between getting Xavier to school, to work, picking him back up, and then back home! So much time on my hands and I found myself becoming addicted to podcasts!
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I always tried to make the most of this time by listening to podcasts and now it's become apart of my everyday self care. Some of my recent favorites have been...⁣
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* @natalia_benson has been one of my absolute favorites over the last year! She dives deep into ⁣astrology, Conscious Entrepreneurship, & Modern Spirituality. I've taken several of her courses and it's been life-changing for sure!
* @girlceopodcast is my go-to for all things business development, not to mention it's like talking to your bestie who keeps it all the way 100! She doesn't' sugarcoat anything and will tell you things about entrepreneurship that most won't and I appreciate her transparency.
* @jennablack.official was one of the first podcasts surrounding money and abundance. I never knew I needed so much healing and mindset shifting when it came to money. She breaks down the money mindset in ways I've never heard before and it's been so good!

I'm looking for new podcast recommendations! What have you been binging on? Comment below!

Planning to buy your first home soon? Hit a "home"

Planning to buy your first home soon? Hit a "home" run as as a buyer by avoiding these strikeouts.
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• Don’t spend more than your budget will allow. Even though you may be approved for more it doesn't mean your budget is for more.
• Don't get new credit once you decide you want to start the process to get preapproved.
• Don't start spending on your credit card. During the application process, we pull your credit at the beginning and before we close.
• Don’t hide your thoughts from your agent. or lender. If you have questions advocate for yourself and speak up! Everyone works for you and are here to support you.
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Buying a home is incredibly exciting and sometimes stressful. Choosing the right lender can make or break the deal! It's not always about the rate! It's about having someone who will fight for the deal when all hope is lost, who won't take no for an answer, who will make sure your loan fits your financial picture!
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Was this info helpful? Tag someone who needs to see this!⁣

Still spreading the love to my realtor partners! I

Still spreading the love to my realtor partners! I missed yesterday so we could talk about student loans but today is all about @jagoodloe!!! One of my favorite gentlemen in real estate! He works in New York and is hands down one of the best out there!

We met when we used to work at Nordstrom together and reconnected over our passion for real estate! We have done many Live with Lender sessions where we keep it very real with our clients! We don’t pull punches or sugar coat anything because that would be a disservice to our clients!🖤 One thing is we try to really prepare clients for the home buying process through educating them! We also fight hard for our clients to get into their dream homes!

If you’re in the New York area definitely reach out to him! You will get the best service!

#realestate #50statelender #mortgageoriginator #loanofficer #newyork #indiana #homebuyers #firsttimehomebuyer #homeowners

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