What’s the Difference Between Interest Rate and APR?

What’s the Difference Between Interest Rate and APR?

Post When you’re buying a home and taking out a mortgage, you want to find a quality lender that also gives you a great deal. It’s such an important life decision, so most buyers want to compare their options and find…
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How To Choose A Quality Home Builder

Post A home is a huge investment, and not just when it comes to the dollar value. We invest our time and energy into making our homes personalized and unique places. They become oases where we can escape the busyness of…
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What Are Mortgage Points?

Post When you’re financing a house, there are many terms and processes you might not be familiar with, especially if you’re a first-time buyer. Most buyers consider their interest rate the single most important aspect of their loan, so getting the…
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How Does a Home Equity Loan Work?

Post For many homeowners, their house is their most valuable asset. That can prove especially useful when you have significant expenses come up, like home improvements, debt consolidation, college costs, or emergency expenses. You can utilize your leverage in your home…
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How the DC Open Doors Program Helps First-Time Buyers

Post The District of Columbia is a special place. It’s the United States’ capital – the center of all the action for the federal government. It’s also an international city, home to embassies of nations from around the globe. Even its…
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What is a Jumbo Loan?

Post A jumbo loan is used to finance a home when the price exceeds the conforming loan limit, which is $548,250 for most of the U.S. in 2021. It’s important to understand why you would need a jumbo loan and how…
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How You Can Avoid Private Mortgage Insurance

Post There are many fees associated with buying a house, from inspections to appraisals to insurance. Most buyers don’t want to spend more than they need to, so it’s a good practice to do some research to find out just what…
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How Often Can You Refinance?

Post Have you questioned, “How many times can I refinance my home?” The short answer is that you can refinance your loan as many times as it makes sense for you to do so. But what does that mean? You are…
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How to Read Your Closing Disclosure

Post It’s almost time for your favorite day in the loan process: closing! As your closing date draws near, there is a lot of information coming at you fast. An important step before that final milestone is receiving your closing disclosure.…
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How to Save on Your Down Payment with an FHLB Grant

Post We all dream of our perfect home. Maybe yours has a spacious backyard for your pets to roam. Or perhaps it’s an apartment with a nice view of the sunset each evening. While it’s easy to visualize what you want…
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