FHA 203(k) Loans: Standard vs. Limited

FHA 203(k) Loans: Standard vs. Limited

If you are looking to make some renovations or even build your dream home from the ground up, then you may want to know about construction loans. Construction loans are great financing solutions that provide homeowners with the tools and…
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What is a Non-Warrantable Condo?

Condos are the perfect homes for many reasons – they can open homeownership to different groups of people and can be an affordable way to live in an urban setting or vacation hot spot without buying an entire house. They…
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How a Fixed-Rate Mortgage Works

When you get a mortgage, there is much to consider. One of the biggest decisions a borrower will make is whether to choose a fixed-rate mortgage, or an adjustable-rate mortgage (ARM). While both loans have their benefits, you should begin…
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What is a Mortgage Amortization Schedule?

Buying a home is one of the largest financial investments a person will make in their lifetime, which is why most people need a mortgage to help them get into the property they’ve always dreamed of owning. If you are…
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Pay Off Your Mortgage Early: Easy Tricks Anyone Can Use

In Partnership With  There are two ways to own your home. Either you can pay cash upfront or you can pay little by little, year after year. For most us, monthly mortgage payments are really the only feasible option. Nonetheless,…
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How Does a Mortgage Credit Certificate from the VHDA Work?

If you’re looking to purchase your first home, you could begin the process by applying for a Mortgage Credit Certificate (MCC) and possibly saving thousands of dollars. A helpful non-profit to familiarize yourself with if you are searching for a…
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Navigating the Homebuying Journey: A Guide for the First-Time Homebuyer

For many homebuyers, buying a home can be a huge burden. If you’re a first-time homebuyer, this milestone can be an especially stressful and overwhelming time. Fortunately, with help from the right lender, you can navigate the road to homeownership…
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5 Things You Should Know Prior to Making a Down Payment on a House

Are you a homebuyer trying to figure out how much you should put down on your house? Buying a house can be overwhelming, and making your down payment can be especially stressful if you don’t have all the correct information.…
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Mortgage Rate Lock: How To Know If You Should Lock Your Interest Rate

The most important factor in your mortgage may be the interest rate. The rate you pay on your mortgage will decide your monthly mortgage payment, as well as the total lifetime cost of your mortgage. Getting the best rate is…
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Keeping Score on Your Credit

Your Credit Score and Your Mortgage The information in your credit report has a huge impact on whether or not you qualify for a mortgage loan and what interest rate a lender will offer. Therefore, it’s important your credit report…
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