Home Buying
January 21, 2021
What is a bridge loan? A definition A bridge loan is a sum of money that a bank loans to cover the interim period between two transactions, usually the buying […]
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Homeowner Tips
January 4, 2021
A 15-year mortgage can save you thousands of dollars in interest and you’ll own your home faster so a 15-year mortgage is better if you can afford it.
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Understanding Mortgages
December 15, 2020
With a second mortgage, a homeowner can borrow at a very low interest rate, using his or her equity in the home as security.
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Refinance
December 14, 2020
A cash out refinance or HELOC (home equity line of credit) lets you turn some of your “equity” into cash. But when you’re choosing between them, you’ll need to consider the specifics of your financial situation.
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FHA Loans · Home Buying
December 12, 2020
With an FHA loan, nearly all borrowers will be able to pay as little as 3.5% of the home’s purchase price as a down payment.
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Home Buying
November 24, 2020
A mortgage pre-approval letter is a document from a lender confirming their willingness to lend you a specified maximum amount of money.
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Homeowner Tips
November 16, 2020
Though it’s possible to get a mortgage with a lower credit score, you’ll want a score of at least 740 to qualify for the lowest interest rates. Surprisingly, though, credit […]
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Understanding Mortgages
November 3, 2020
Most conventional mortgages come with caps on the amount you can borrow. These are called “conventional loan limits” or sometimes “conforming loan limits.”
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