Tag: Mortgage

Posted on 12/08/2024
A Basic Guide to Veteran Mortgage Relief Options
If you have a VA loan, the U.S. government has options in place to assist you in case of financial hardship. There are multiple programs available to help you avoid late payments and foreclosure if your mortgage meets eligibility. Here are the major veteran mortgage relief options to know: Refund Modification A refund modification affects the principal and...
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Posted on 09/01/2024
Home refi: Refinance costs to consider
Refinancing your home can have major benefits: a lower...
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Posted on 08/25/2024
Getting preapproved for a mortgage: When, why & how
Getting preapproved for a mortgage is an essential part...
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Posted on 05/05/2024
Getting preapproved for a mortgage: How it benefits you
Getting preapproved for a mortgage is an important part of...
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Posted on 02/04/2024
What is the term of a mortgage? Your questions answered
A major aspect of financing a home is choosing the “term”...
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Posted on 03/05/2023
How much should you spend on a down payment on a house?
A major step in the homebuying process is paying the down...
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Posted on 10/20/2019
Mortgage Penalties: Prepayment
Photo by Steve Buissinne via Pixabay Most are familiar with the key components of a mortgage: how much you're borrowing, what your interest rate is, how many years you'll be paying your mortgage back. There are many, however, who do not understand some of the finer details, including what prepayment penalties are and how they may affect you...
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