If you’re considering buying a new home, it is important to know what loan is best for you so you can begin your home search with the end in mind. To help show just how accessible a new or first home really is, we wanted to offer a rundown of some of the very affordable loan options available to buyers today. Buying a home for the first time comes with many new terms to learn and steps to conquer, with figuring out the type of loan you'll need being just one of them.

Conventional Loans

In my opinion, obtaining a conventional loan with a fixed interest rate for 15 years is always the ideal option. Key benefits are having stable payments for a shortened period of time and, with a 20% down payment, avoiding the added costs associated with private mortgage insurance. However, many people do not have 20% of the purchase price to use as a down payment, so you should know you can actually obtain a conventional loan with as little as 5% down. Also, most Buyers obtain a 30-year loan to keep their monthly payments lower. *Minimum Conventional Down Payment - $7,075.00

As the temperature outside begins to rise, Floridians are getting ready for summer. Shorts, tank tops and swim suits will become a summer staple for many, but getting your home ready for this hot season is important, too. We've got a rundown of some key things you can do to prepare your home for summer, some of which could even keep a little more cold hard cash in your wallet and with temperatures hitting 100+ degrees, you’re going to need something cool around.

1. Have an annual check done on your A/C unit. Sometimes you have to spend a little money to save a little money. By scheduling an air conditioning check up you could be catching small problems with your unit before they turn into big problems. You can also ensure your A/C unit is working at optimal efficiency, which will save you money in the long run.

Staying busy in Central Florida is easy. There is always somewhere to go or something to see. We thought you might be interested in checking out these three events that you may have overlooked when filling out your calendar for the month. 

• 133rd Silver Spurs Rodeo. The largest sanctioned rodeo east of the Mississippi is taking place June 6th-7th at the Silver Spurs Arena at Osceola Heritage Park in Kissimmee. You can catch bull riding, steer wrestling, saddle bronc riding, bareback riding and barrel racing in the indoor arena while being entertained by the ever popular rodeo clowns. Admission is $15 for adults and kids 10 and under free. They are also offering a free popcorn and small drink to any students who bring their end of the year report card reflecting at least two "A's" or "O's".