Tag: Mortgage

Posted on 11/27/2022

Your quick guide to 30-year mortgage rates

Most homebuyers, even those just starting their first-time homeowner journey, have learned a thing or two about 30-year mortgages. For example, some 30-year mortgages will let you pay the mortgage down earlier than 30-years, while others may fix a prepayment penalty to that plan to make up the loss in revenue from the interest rate. But what about...

15 Year Mortgage

30 Year Mortgage

+ 5 more

Posted on 10/16/2022

30-Year mortgage rates: What payment options are available?

30-year mortgage rates are the norm among mortgage rates. Most options for monthly payments involve a fixed interest rate, while there are a few that may offer an adjustable rate mortgage for homebuyers searching for interest flexibility. However, some homeowners may want to repay their mortgage lenders faster than originally planned, while others may need more flexibility in...

30 Year Mortgage

Home Loans

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Posted on 08/07/2022

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...

Loan Beneftis

Loans

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Posted on 01/16/2022

3 First-Time Homebuyer Expenses to Start Saving for Now

Photo by Kaboompics .com from Pexels Buying a home for the first time is often a stressful yet rewarding time. It’s a complicated process involving many variables and many costs. One question that many first-time homebuyers have is about preparation: how much should you save before buying a house? Here we will go over the 3 most important...

First Time Buyer

Closing Costs

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Posted on 10/24/2021

Seller Financing: Major Risks & How to Avoid Them

Seller financing is an excellent option for some property buyers and sellers. However, no matter the type of financing the seller offers, they are taking on a sizable amount of risk. Underwriting and supplementing a mortgage means dealing with the consequences if the buyer defaults on the loan. This is one reason many sellers hesitate to offer financing....

Financing

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Posted on 04/11/2021

"Subject-to" Real Estate Pros & Cons

Image by Gerd Altmann from Pixabay When you're considering buying real estate as an investment, it's a good idea to weigh the pros and cons. That's especially important with "subject-to" real estate, because there can be risks and rewards with this type of property that are different from traditional purchases. Here's what you should be considering, before you...

Home Loan

Investment

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Posted on 07/07/2020

Why Choose an Assumable Mortgage?

Image by Tumisu from Pixabay It's easy to think that investing in real estate is an incredibly expensive venture. You may think you need thousands if not tens of thousands saved before you can even think about it. But there are ways to jumpstart your portfolio even if you're renting one of the cheapest apartments in your neighborhood....

Investment

Mortgage

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Posted on 04/19/2020

Benefits of Shopping for Mortgage Rates

Photo by Nattanan Kanchanaprat via Pixabay Of course, you want to stay within your budget when buying a house. You certainly want value for your dollar. But a buyer should never lose sight of the fact what they truly desire is getting the home they want and that fits their needs. To that end, potential buyers may put...

Mortgage

Mortgage Rates

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Posted on 02/16/2020

How to Approach a Mortgage Application

Filling out a mortgage application may prove to be a long, exhausting process. Fortunately, we're here to help you streamline the mortgage application process so you can move one step closer to acquiring your dream house. Now, let's take a look at three tips to help you approach the mortgage application process with confidence. 1. Be Thorough A mortgage...

Mortgage

Buying A Home

Posted on 10/13/2019

Securing a Mortgage Loan for a Second Property

Most people that obtain a mortgage loan against another property usually plan to buy a second house. This means that they are not ready to sell or move out of their existing place of residence, but they wish to have a second house that they can occupy later, use as a vacation retreat or as an income property....

Mortgage

Second Home

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Posted on 09/01/2019

What you Need to Know About VA Home Loans

Do you dream of buying a home? If your answer is yes, then VA home loan can make it a reality. A VA home loan differs from the traditional mortgage home loan. It is essential to know if you are eligible to apply for a VA home loan and how it can help you purchase your own home....

Va Home Loans

Mortgage

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Posted on 02/11/2019

Tips For First-Time Buyers Getting A Mortgage

If you’re buying a home for the first time, you have a lot to learn. There are so many decisions that need to be made and new terms to be understood. While you may have been saving up for a downpayment, you’re most likely going to need t finance the majority of the cost of your home. Knowing...

Mortgage

First Home

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