Tag: Mortgage

Posted on 03/31/2024
VA Loans: Major Benefits to Consider
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 12/17/2023
How much should you spend on a down payment on a house?
A major step in the homebuying process is paying the down...
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Posted on 10/22/2023
30-Year mortgages: A brief guide
 Most homebuyers, even those just starting their...
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Posted on 08/27/2023
How long does it take to buy a house? Major factors to consider
If you’re interested in purchasing property, you might be...
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Posted on 08/13/2023
What is a mortgage prepayment penalty?
Mortgage lenders make money primarily through interest...
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Posted on 12/11/2022
Mortgage points: Pros and cons of prepaid mortgage interest
When buying a home, many homebuyers tend to search for the best mortgage interest rates available. While some may find that perfect rate, others may opt to take advantage of lender-provided options, such as mortgage points. Mortgage points are designed to help buyers bring down their interest rates by paying them ahead of time. Sometimes considered “discount points,”...
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Posted on 03/06/2022
2 Major benefits of getting preapproved for a mortgage
Getting preapproved for a mortgage is an important part of the home buying process. While technically not required before you begin your home search, there are some key advantages to getting preapproval from a lender before you get too deep into the process. Here are some of the main reasons why to consider getting preapproved for a mortgage:...
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