house loans: 6 Mortgage Mistakes to Avoid and What to Do Instead
- 02/11/22 12:42 PM
6 Mortgage Mistakes to Avoid For the vast majority of people, purchasing a home is the single most important financial decision they will make in their lives. It’s not easy to back out of a transaction after the final papers are signed, so learning the ins and outs of mortgages before taking the plunge into homeownership makes sense. Here are six mortgage mistakes to stay away from (and what to do instead).
Using Your Cash Reserves to Make a Down PaymentTo avoid mortgage insurance and keep monthly payments modest, home purchasers often put down 20% of the purchase price. However, depleting all of … (2 comments)
house loans: Knowing the Best Loan For You
- 09/28/21 11:35 AM
Choosing the Best Home Loan for YOU Choosing between the many sorts of mortgage loans isn't all that difficult if you're familiar with the terminology. Here's a rundown of some of the most prevalent mortgage types. FHA LoanGreat for first-time home-buyers, an FHA loan is a mortgage insured by the Federal Housing Administration. This mortgage type offers lower down payment and customers with lower credit scores have an easier time qualifying.
203k Rehab Loan An FHA 203(k) rehab loan, also referred to as a renovation loan, enables homebuyers to finance both the purchase and the renovation of a home through a single mortgage instead … (0 comments)
6 Mortgage Mistakes to Avoid 
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