Category: 1st Time Homebuyer
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PMI Guide: Your Guide to Private Mortgage Insurance
What is Private Mortgage Insurance (PMI)? Conventional wisdom says paying less for something like a car or computer upfront is better. But when it comes to real estate and homeownership, this doesn’t always apply. In some cases, paying more upfront can lead to substantial long-term savings. While it may seem counterintuitive to part with a…
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HELOC Guide: Everything You Need to Know about Home Equity Lines of Credit
What is a home equity line of credit? When you buy your first house, you typically have to save a boatload of cash — tens of thousands of dollars or even more — depending on your financial situation and the price of your property. It’s a big chunk of change, to be sure. But once…