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What Are The Different Types Of Mortgage Loans?
It’s likely that your mortgage loan will be the largest loan you have during your lifetime. Mortgages are not a one size fits all approach, there are many different types of options you can choose from – all having their own unique qualities.To make the best decision, you first must understand the different types of...
What Are Mortgage Loans and How Do They Work?
For many people, owning a home is part of the American dream. To make this dream a reality, most people will take out a mortgage loan to help them finance the cost of purchasing a home. If you are interested in buying a home, but unsure of how a loan or mortgage works, this article is perfect for you.
What Are Mortgage Fees and Closing Costs?
Whenever you’re looking to buy a house, you’ll quickly realize there are a lot of fees associated with obtaining a mortgage. These fees can quickly add up, so it’s important to know exactly what you’re paying for. Some of the fees are non-negotiable and must be paid.
Other fees are layered into the agreement by the...
What Is a Loan Estimate?
A loan estimate is crucial to obtain when looking for a loan. This estimate not only gives you the details of a mortgage but also compares offers from different lenders to determine which loan is best suited for you. Here’s an overview of what you’ll find on your loan estimate and how it can help you choose the best...
What Is a Mortgage?
But what exactly is a mortgage? Simply put, a mortgage is a debt instrument used to purchase real estate. A lender will loan a borrower money, and the...
What Is A VA Loan? Here Is What America’s Veterans Should Know
If you’re an active service member, a veteran, or the surviving spouse of a veteran, and you want to purchase a home or refinance your current home loan you should consider a VA Loan
What is a VA loan?
We’re glad you asked. Simply put, a VA loan is a type of...