Young Professionals Home Buying Seminar

Description

Ready to take the next step toward homeownership or explore real estate investing? Join the Ocean Community Young Professionals Network (OCYPN) on Tuesday, November 17, at 7:00 PM for an educational homebuying seminar led by Nate Andrews, Senior Mortgage Loan Officer at Texana Bank.

Designed for young professionals, first-time homebuyers, and small business owners, this seminar will break down the homebuying process, explore financing options, and provide practical guidance to help you prepare for your next big investment.

Topics will include:

• Getting Mortgage-Ready: Understanding credit, student loans, budgeting, and what to expect throughout the buying process.
• Buying as a Business Owner: How lenders evaluate self-employment income, tax returns, and business write-offs.
• Alternative Financing Options: An overview of bank statement and profit-and-loss (P&L) loans, including qualifications and tradeoffs.
• Investment Properties & DSCR Loans: Understanding rental income, cash flow, and financing considerations.
• ADU Financing: Exploring financing options for accessory dwelling units and what to consider before getting started.
• Low- and Zero-Down-Payment Options: Learn about eligibility, assistance programs, and the potential out-of-pocket costs of purchasing a home.
• All-in-One Loans: Explore how these loans work, their potential benefits and costs, and strategies that may help homeowners pay off their mortgages faster.

We'll also cover common homebuying misconceptions, actionable steps you can take now to prepare, and leave plenty of time for questions.

Whether you're planning to purchase your first home, are self-employed, or are considering investing in real estate, you'll leave with a better understanding of your financing options and a clearer path toward your goals.