Refinance · Understanding Mortgages
November 1, 2022
With home values rising in most areas of the country, many homeowners are interested in a home equity line of credit to access cash — especially to fund remodel projects […]
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Mortgage Strategy · Understanding Mortgages
October 11, 2022
Paying off your mortgage early could be a great financial move if you use the right strategy. It can help you to build equity more quickly and also reduces the total amount of interest you’ll pay over the life of the loan.
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September 12, 2022
You can purchase a home with virtually anyone, including a friend — or several friends. But blending friendship and homeownership has benefits and drawbacks, and it entails taking a unique set of steps to qualify for a mortgage.
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September 2, 2022
Most homeowners move within 8 years A 30-year fixed-rate mortgage is the most popular home loan. But because the typical homeowner moves every eight years, a 5-year adjustable-rate mortgage may […]
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August 11, 2022
What is a non-conforming loan? A non-conforming loan is any mortgage that is not partly guaranteed by a government department or agency. Conforming loans are conventional loans that meet the […]
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August 11, 2022
Usually when a sizable amount of money is deposited into one of your accounts, it’s time to celebrate — except while you’re waiting for a mortgage loan approval. Under this […]
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August 11, 2022
What happens when a property is being sold as-is and the seller will not do repairs but the home doesn’t meet FHA minimum property standards (MPS)? How does the buyer […]
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August 11, 2022
When Carol Addy began in the mortgage industry more than 20 years ago, assumable mortgages were quite well known. Some of them even allowed the buyer to take over someone’s […]
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Cash Out Refinance · Refinance · Understanding Mortgages
August 11, 2022
Many homeowners dream of having their own swimming pool, especially after the heat of summer settles in. But after checking the price tag, a lot of would-be pool owners give […]
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Cash Out Refinance · Homeowner Tips
August 11, 2022
A cash-out refinance allows homeowners to convert their accrued home equity into cash. This cash can be used for anything, including paying off other loans. But is paying off your […]
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