Do I Need a Mortgage Pre-Approval?

WHY You Need a Pre-Approval     If you’ve thought of buying a home, you’ve probably heard that one of the very first items on your ‘to do’ list needs to be obtaining a pre-approval from a lender.  Not a pre-qualification.  Some of the more common reasons on why a pre-approval is necessary involve making sure […]

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Can I Get a Mortgage With Less Than 20 Percent Down?

What Mortgage Options Are Available With Less Than 20% Down? One of the biggest mortgage mysteries is how much money is needed as a down payment when purchasing a new home.  This question is often misunderstood, but also involves a lot of misconceptions.  One rumor that won’t seem to die is that to buy a […]

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Refinancing a Home Equity Line of Credit (HELOC) – What You Need To Know

Things to Know When Refinancing a HELOC (Home Equity Line of Credit) Hard to believe it’s been almost 10 years since the real estate downturn and resulting recession.  One of the most popular products on the market toward “the end” of the housing boom was the HELOC – a home equity line of credit that […]

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5 Ways Your Lender Can Help You Get the House

In today’s competitive housing market where many areas nationwide are seeing a far-leaning seller’s market with limited inventory, it’s important for buyers to put their very best foot forward and have all their t’s crossed and i’s dotted before they find “the one”. Most buyers don’t consider just how much their mortgage lender can help them land […]

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The Type of Home You Want to Buy Determines Your Closing Cost and Here’s Why

Savvy home buyers who are preparing to make a real estate purchase should do their research and understand that they need to save money for not only the down payment but the closing costs as well. The closing costs can account for as much as three to five percent of the sales price in some cases, so this can be a rather sizable amount of money. Some home buyers however, may not realize that the amount of closing costs can vary considerably based on the home that is purchased. With a closer look at why this is, home buyers can make a more educated decision when selecting a home to purchase.

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