RE/MAX Elite

Tag: Loans

Posted on 10/03/2021
What to Know About Home Improvement Loans for Additions
Building an addition onto your home provides you with more space, whether you need it for a living area or for storage. You can build additions onto the side or back of your home, or build up rather than out. No matter what kind of addition you’re thinking of building, it’s important to think about how to finance...
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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...
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Posted on 07/19/2020
Mortgage Options and Their Benefits
Image by mohamed Hassan from Pixabay Most homebuyers take out a mortgage when they purchase a house, and there are several different types of mortgages to choose from. Here are some of the more common mortgage options and the benefits of each one. Conventional 30-Year Fixed Mortgages Perhaps the standard starting point for a mortgage is the conventional...
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Posted on 06/09/2019
What Do You Need to Know About a Reverse Mortgages?
Many times, advertisements create a false impression about reverse mortgages. Marketing depicts them as a simple, cheap way by which older homeowners can finance their retirement. It is critical to understand how reverse mortgages work because failure to do so might harm your financial future. Studies show that many homeowners do not have a proper understanding of reverse...
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