Tag: Mortgage

Posted on 08/18/2024
Veteran Mortgage Relief Guide: Key Terms & Details
The U.S. government has multiple options available for military veterans who may be facing foreclosure. Through the Department of Veterans Affairs, borrowers can get financial relief through means such as forbearance, deferment, refinancing and more. However, there are some crucial details to be aware of. Here are some of the most important things to know about current veteran...
Mortgage
Mortgage
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Posted on 10/02/2022
Your Guide to Seller Financing Options
In real estate transactions, homebuyers have to obtain some kind of financing. Typically, this additional monetary support comes from a third party institution like a bank or mortgage lender. However, sometimes the seller may also offer financing directly. There are many options available depending on the specific need and situation. Here is a basic overview of seller financing...
Financing
Financing
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Posted on 07/19/2020
How a Land Contract Differs from a Mortgage
Image by mohamed Hassan from Pixabay A land contract and a mortgage have a number of similarities. For example, you can use either option to purchase a home Both loans must be repaid on a monthly basis. Understanding the Differences A land contract is a legal agreement between a buyer and a seller. Rather than a traditional mortgage...
Mortgage
Loans
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Posted on 06/14/2020
Which is Smarter: Paying Off the Mortgage or Investing?
Photo by Andrey_Popov via Shutterstock Often, when discussing ways to get out of debt, the subject of “mortgage versus investments” comes up. If you have a mortgage, your monthly budget likely revolves around paying it first, meaning investment ideas take a back seat. One way to free money up to invest is to pay off the mortgage, and...
Mortgage
Mortgage
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Posted on 05/31/2020
Mortgage Types for Luxury Home Purchases
Photo by Vincent Rivaud from Pexels When you buy a luxury home, you have several options when it comes to paying for the home. While some luxury buyers invest fully in the home and purchase outright, most find that opting for a mortgage of some type keeps options open and reserves capital for other things. Mortgages can be...
Luxury Home
Home Buyer
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Posted on 05/17/2020
A Pre-Approval Checklist for First-Time Homeowners
Image by Precondo CA from Unsplash Buying your first home can be stressful enough without worrying about whether or not your mortgage loan pre-approval is going to go through. You may not be prepared for the mountains of paperwork that you'll need to submit before a lender gives you the thumbs' up. That's why it's such a good...
Mortgage
Buying Your First Home
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Posted on 01/26/2020
Mortgage Pre-Approval Details You Need to Know
Image by Mediamodifier from Pixabay As you enter the home buying process, some people may recommend that you seek mortgage pre-approval. This is typically one of the first steps in the process, and you may view it as something you have little choice over. Yet mortgage pre-approval is not a requirement to start shopping for a house, and...
Preapproval
Mortgage
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Posted on 06/23/2019
All you Need to Know About VA Home Loans
Do you dream of buying a home? If your answer is yes, then VA home loan can make it a reality. A VA home loan differs from the traditional mortgage home loan. It is essential to know if you are eligible to apply for a VA home loan and how it can help you purchase your own home....
Va Home Loans
Mortgage
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Posted on 06/16/2019
Getting Ready to Afford a Mortgage
The cost to attend university continues to rise, putting pressure on students to afford an education. While some universities assist their students, many raise their prices to contend with operating costs. As a result, students leave school with mounds of debt that impede their quality of life. Paying off student loans starts by laying the appropriate groundwork, which...
Down Payment
Loans
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Posted on 05/26/2019
Get Rid of Bad Credit History
Bad credit history can get in the way of getting approved for a loan. It may seem like a stretch to try and get lousy credit away from your credit score, but it is possible. The 5 ways to get rid of bad credit 1. You should take note of the delinquency date. Credit bureaus often update on...
Credit Score
Personal Finance
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