Tag: Mortgage

Posted on 06/09/2024
Mortgage: Recasting your monthly payments
Recasting mortgage payments is a little-known gem when it...
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Posted on 06/09/2024
Mortgage: The Basics of Home Refinance
Many homeowners have experienced a moment when they have wished for a lower mortgage payment. With a mortgage refinance, you could effectively lower your monthly payments. Not sure where to begin with refinancing or whether it's right for you? We've got you covered with some tips and considerations. What is Refinancing? When you refinance a mortgage, you're essentially...
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Posted on 10/22/2023
3 VA Loan Benefits You Should Know
The U.S. Department of Veterans Affairs has helped countless veterans finance their home ownership goals. While you have the choice of a conventional loan offered by other mortgage lenders, there are some significant benefits to VA loans. Here are some of the most important advantages to consider: No Down Payment The most famous benefit of VA loans is...
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Posted on 03/19/2023
The pros and cons of mortgage points
When buying a home, many homebuyers tend to search for the...
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Posted on 02/19/2023
Getting preapproved for a mortgage: When, why & how
Getting preapproved for a mortgage is an essential part...
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Posted on 12/18/2022
The who, what & why of servicing a loan
Mortgage servicers are companies responsible for the...
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Posted on 08/28/2022
Mortgage prepayment penalty: What you need to know
Mortgage lenders make money primarily through interest...
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Posted on 06/19/2022
Veteran Mortgage Relief Guide: Key Terms & Details
The U.S. government has multiple options available for military veterans who may be facing foreclosure. Through the Department of Veterans Affairs, borrowers can get financial relief through means such as forbearance, deferment, refinancing and more. However, there are some crucial details to be aware of. Here are some of the most important things to know about current veteran...
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Posted on 05/09/2021
Prepping Your Credit To Gain a Preapproval
Photo by Pixabay via Pexels Thinking of buying a home in the near future? You're going to need a preapproval. This tells real estate agents that you're serious about the home-buying process, and it alerts sellers that you're a solid, low-risk candidate. Preapprovals aren't always easy to score, however. And if you're someone who's had a few credit...
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Posted on 09/13/2020
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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