Tag: Mortgage

Posted on 02/13/2024
How mortgage works: Nuances to know
Getting a mortgage is a major part of the homebuying...
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Posted on 08/29/2023
A Basic Guide to Veteran Mortgage Relief Options
If you have a VA loan, the U.S. government has options in place to assist you in case of financial hardship. There are multiple programs available to help you avoid late payments and foreclosure if your mortgage meets eligibility. Here are the major veteran mortgage relief options to know: Refund Modification A refund modification affects the principal and...
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Posted on 06/13/2023
"Should I refinance my mortgage?" 3 Quick reasons you may want to
At some point, numerous homeowners ask themselves, “Should...
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Posted on 02/07/2023
Fixed rate mortgage: Definition & key considerations
To choose the right mortgage loan, it’s important to...
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Posted on 01/04/2022
Construction Loans vs. Traditional Home Mortgages
Image by pasja1000 from Pixabay Most homeowners have a mortgage against their house, and homebuyers who purchase existing homes usually secure a traditional mortgage before closing. When building a new house, however, you’re likely to need a construction loan before getting a home mortgage. Here’s a breakdown of each, including how they’re used in the new home building...
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Posted on 12/03/2019
Do I qualify for a conventional mortgage?
Photo by TheDigitalWay via Pixabay Looking to buy your first home? Unless you have a couple hundred thousand in the bank, a rich family member or a winning lottery ticket, you’re going to have to borrow money. TV ads suggest it’s as easy as clicking your phone, and in some cases it might be, but you should know...
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