Category: Mortgage
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Short Sale vs. Foreclosure: A Buyer’s Guide
Looking for a great deal on your journey to homeownership? A short sale or foreclosure could be a good option. However, deciding between a short sale and foreclosure can be confusing. But one thing holds true: both options can lead to great deals on properties. This guide will explain the differences and help you choose…
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How to Prequalify for a VA Loan
Basic Steps and What to Expect Buying a home can be tough, especially for those who served in the military. A VA loan could be your answer. If you’re thinking about buying a home using a VA loan, you should strongly consider seeing if you prequalify for one Keep reading to learn precisely how to…
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Low-Income Loans: What They Are and Where to Get One
Finding the right loan can be tough if you’re not stacking cash. Low-income loans exist to help people in this situation. If you’re looking to learn more about how to get a loan when you’re not making a ton of money, you’ve come to the right place. This article will guide you through what they…
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Buydown Mortgage: A Way to Reduce Interest Rates
In an era of high interest rates, you might feel that buying a home is out of reach. Good news: A buydown mortgage could be the key to lower payments. This article explores how reducing your interest rate upfront can save you money and make homeownership more accessible. Keep reading to learn if this option…
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How To Apply For Self-Employed Loans
Applying for a loan can feel tough when you’re your own boss. When it comes to securing a mortgage, many self-employed individuals face unique challenges in this area. This article will guide you through applying for loans, focusing on your specific needs. Keep reading to learn more about how you can get a loan when…
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FHA vs. VA Loan: What’s The Difference?
Choosing the right home loan can be tricky. Sometimes, all you need is the right financial vehicle to accelerate your journey to homeownership. For example, did you know there are special loans for veterans and first-time homebuyers? In this article, we examine the differences between FHA and VA loans. Keep reading to learn more about…
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What Kind of Loan Do I Need to Buy a Foreclosure
A How-To-Guide Finding the right loan for buying a foreclosure might feel confusing. In fact, many people don’t know that foreclosures can offer great deals. If you’re thinking about buying a foreclosure, you’re in the right place. This article will guide you through choosing the correct type of loan to secure one of these properties.…
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Second Mortgage or HELOC: Which Is Better?
Deciding between a second mortgage and a HELOC can be tricky. After all, both options allow you to tap into your home’s equity for cash. If you’re wondering whether a second mortgage or HELOC is a smart decision for you, you’ve come to the right place. This article will guide you through understanding each option,…
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FHA Closing Costs: What to Expect
Unless your name is Jeff Bezos, Elon Musk, or even Trey Anastasio, getting into your dream home can be tough with all the costs involved. One key expense is the FHA closing costs, often overlooked by first-time homebuyers. If you’re thinking about buying a home with an FHA loan, you’re in the right place. This…
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How Many FHA Loans Can You Have at One Time?
Are you wondering how many FHA loans you can juggle at once? It’s a common question with a not-so-simple answer. Good news: This article is here to guide you through the ins and outs of managing multiple FHA loans.. With insights on everything from benefits to potential drawbacks, we’ve got the information you need to…