What is buyer’s remorse, and how to avoid it

What is buyer’s remorse? When you purchase a home, the last thing you want to do is immediately regret it. However, according to a recent survey by Bankrate, buyer’s remorse is rampant among homeowners. Nearly...

What is your debt-to-income ratio?

Debt-to-income (DTI) ratio is calculated by dividing your debt by your gross income and is expressed as a percentage. Lenders use your DTI ratio as one metric to determine how much additional debt you can...

Why 2021 is a good year to buy for veterans

May is “National Military Appreciation Month.” As a veteran-founded company, Semper Home Loans has been helping veterans access VA home loans for over 15 years.

Corporate HQ Renovation

Renovation Since Semper Home Loans was founded in 2005, Providence, RI has been home to the corporate headquarters. In 2020 Semper began a large-scale renovation, and expansion, to create a reimagined 50,000 square foot campus....

The Housing Market & Inventory in 2021

Everybody’s loving the low rates-and who wouldn’t? Current homeowners are refinancing and lowering monthly payments, while first time home buyers are able to afford more house than just two years earlier. But low rates have...

Market Update 12/18/2020

Lawmakers are close to an agreement on a $900 billion economic relief package. This package would include a number of relief efforts including an additional stimulus check of $600 and $300 a week for Americans...

How to Save On Home Insurance Premiums

We all know how important home insurance is in safeguarding our homes and belongings in times of calamities and unexpected events. However, many homeowners forego purchasing or renewing their home insurance policies because of the...

RIHousing 10kDPA Program

A new down payment assistance program is now available, providing a $10,000 down payment assistance loan to first time homebuyers in the state of Rhode Island! To be eligible for this program you must meet...

5 projects to prep your home for cooler weather

Clean your gutters Keeping your gutters clear is an important part of maintaining your home and preventing both interior and exterior water damage. Removing leaves and debris from your gutters will help protect your roof,...

7 factors to consider when deciding where to live

Affordability: One of the most important factors to consider when deciding on a location is affordability. Living comfortably within your means should be a primary concern. Affordability extends well beyond the sale price of the...

Market Update 8/17/20

Last week the FHFA (Federal Housing Finance Agency) announced it will be implementing a new fee on refinances sold to Fannie Mae and Freddie Mac after September 1st. This fee adds 0.5% of the loan...

Market Update 8/12/2020

There’s no doubt that the current state of the housing market and economy is being driven by the spread of Covid-19. While the market remains extremely volatile, mortgage rates are continuing to hit historic lows....

5 Easy Ways to Stage Your Home on a Budget

Staging your home to sell is an important part of preparing your home for the market. But springing for a professional stager may be out of your budget, especially if you’re upgrading to a more...

Top 10 Questions To Ask When Buying Home Insurance

While there’s nothing wrong with having only basic coverage on your homeowners insurance, it likely won’t fully cover the cost of rebuilding damaged parts your home or replacing the things you lost.

5 Factors that Affect Property Value

Most curious homeowners have consulted Zillow at some point or another to estimate their current property value. While those estimates may not always be very accurate, it does beg the question-what affects a home’s property...

Selling Your Home During COVID-19

Selling your home can be a stressful process, and COVID-19 presents a whole new set of challenges to sellers in 2020. But utilizing technology to your advantage and having a savvy realtor can help your...

How COVID-19 Might Affect Homeowners Insurance

Home insurance protects your home and personal belongings in case they get damaged or lost during specific natural disasters or burglary. It also covers the policy holder’s additional living expenses, as well as medical payments...

Staycation: Vacationing A Little Closer to Home

As states across the country begin to lift their travel restrictions and businesses slowly reopen, restless Americans are looking for opportunities to finally leave their homes. For many, travel plans were cancelled weeks or months...

What is the best way to spend my stimulus check?

According to the Treasury Department, nearly 120 million Americans have received their stimulus checks from the IRS in an effort from the government to stimulate the struggling U.S. economy. Even more have filed or will...

Keeping Your Credit Healthy

As the COVID-19 outbreak sweeps the globe and headlines in the media, it has become clear that this is not just a physical health virus, but also can cause financial hardships within the home.

Your Interest Rate Lock Questions Answered

What is a rate lock? A rate lock is the action of locking in, or reserving, an interest rate for a home loan. Locking in your interest rate guarantees the agreed upon rate under the...

3 Most Common Home Buying Myths

At Semper we talk to a lot of people about home buying. And sometimes, we hear some things that surprise us. There are a lot of myths floating around about home buying so it’s important...

5 Tips to make moving in to your new home easier

Over the years we’ve helped many home owners get into their new homes faster and easier. We’ve learned some tips and tricks along the way for helping home buyers start out on the right foot...