Tag: Mortgage

Posted on 06/19/2024

A buyer's guide to choosing a down payment on a house

A major step in the homebuying process is paying the down...

Home Financing

Down Payment

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Posted on 06/07/2023

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...

Loan Beneftis

Loans

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Posted on 09/08/2021

Home Buying Journey: Start with Your Loan

Photo by Nattanan Kanchanaprat via Pixabay If you’re in the market to purchase a home, it can be a confusing process. Interest rates, types of loans and what may apply to you can all sound like a foreign language. It’s always best to have some background knowledge before going to see a mortgage broker to make sure you’re...

Homebuying

Loan

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Posted on 01/22/2020

Mortgage: What are Points?

Photo by Precondo via Pixabay Some mortgage companies offer loans with points. In a nutshell, paying points means paying down the interest rate. One point is equal to 1 percent of the mortgage amount. On a $200,000 mortgage, one point is $2,000. The percentage the interest rate lowers depends on the mortgage company and the market. For example,...

Mortgage

PMI

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