Tag: Mortgage

Posted on 11/06/2022

Mortgage rates: A brief guide to common payment options

30-year mortgage rates are the norm among mortgage rates. Most options for monthly payments involve a fixed interest rate, while there are a few that may offer an adjustable rate mortgage for homebuyers searching for interest flexibility. However, some homeowners may want to repay their mortgage lenders faster than originally planned, while others may need more flexibility in...

30 Year Mortgage

Home Loans

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Posted on 07/31/2022

Mortgage points: Pros and cons of prepaid mortgage interest

When buying a home, many homebuyers tend to search for the best mortgage interest rates available. While some may find that perfect rate, others may opt to take advantage of lender-provided options, such as mortgage points. Mortgage points are designed to help buyers bring down their interest rates by paying them ahead of time. Sometimes considered “discount points,”...

Home Finance

Home Financing

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Posted on 09/12/2021

How to Finance Your New Construction Home

Photo by Anthony Shkraba from Pexels Building your new home should be a rewarding experience, but it's important to know how the financing for a new construction is different from the financing for a previously owned home. You will need a specific type of loan called new construction loans, and they can be harder to get than a...

Construction Loan

Credit Score

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Posted on 10/27/2019

Mortgage Options: Which One is Right for You?

When it comes to financing your home, you have a several mortgage options available. Each type of mortgage offers different advantages, so be sure to do research before applying. Below are some of the most popular types of mortgages borrowers may consider. Conventional Loans A conventional loan is a mortgage not insured by the federal government. In most...

Conventional Mortgage

FHA

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Posted on 09/22/2019

Why It's Critical to Shop for Mortgage Rates

Of course, you want to stay within your budget when buying a house. You certainly want value for your dollar. But a buyer should never lose sight of the fact what they truly desire is getting the home they want and that fits their needs. To that end, potential buyers may put in a “low-ball” offer on a...

Mortgage

Mortgage Rates

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Posted on 12/03/2018

When Should You Submit a Mortgage Request?

If you plan to pursue a home in the near future, there is no need to wait to get a mortgage. Because if you enter the housing market with a mortgage in hand, you'll know exactly how much you can spend to acquire your dream house. As a result, you'll be able to map out your home search based...

Mortgage

Buying A Home