Month: October 2019


Explaining the Different Types of Mortgage Loans

There’s no one-size-fits-all approach when it comes to financing a home. Instead, there is a wide range of conventional and government options. Here is a complete look at the basic alternatives to help you decide which kind of mortgage loan is right for you. Fixed-Rate Mortgage   Can be obtained with as little as 5 percent down payment. If the

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15-year mortgage

3 Reasons why a 15-Year Mortgage Might Work in Your Favor

A 30-year mortgage is quite common among homebuyers because it spreads out the cost of a large loan over three decades, thereby making monthly payments more affordable. But you aren’t required to go that route. Instead, you might consider a 15-year mortgage that will cut your repayment period in half. Toward that end, here are three reasons to obtain a

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questions asked when applying for a mortgage

Applying for a Mortgage What You Can Expect [8 Tips]

Unless you have a boatload of cash lying around somewhere, applying for a mortgage is the way to owning a home for many. What can you expect? A lot of questions, especially since loaning someone money is a risky proposition and your mortgage lender will require some assurance that you’ll pay them back. To help you prepare, offers up

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