How much money should you really have for a down payment?
With the price of rent continuing to increase, often a monthly mortgage payment can cost less — and that’s for an apartment that is more renovated and is in your…
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What are the Best Mortgage Options for Self-Employed Buyers?
About 20% of the American workforce is self-employed as small business owners, entrepreneurs, and freelancers. Being self-employed offers numerous advantages over being a salaried employee like the freedom to set…
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Home Appraisal Process: Everything You Should Know
If you’re looking to refinance a mortgage or buy a home through a loan, the lender will need what’s called an appraisal on the home. This is an objective assessment…
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How to Get a Home Mortgage Loan in NYC
Have you decided on mortgage financing for your real estate purchase? But do not know where to start? Our mortgage guide outlines all the steps and resources you will need…
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Figuring Out Your Down Payment Before Buying a Home
It is tempting to place as small a down payment as possible. Perhaps you would like to not even put any money down. After all, you may not have adequate…
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Mortgage Rates: What Goes Up Doesn’t Always Come Down
Mortgage Interest Rates Are Going Up Even Though, Right Now, They’re Going Down Just a few short months ago, Wall Street forecasters almost unanimously stated that mortgage interest rates would…
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What are the Pros and Cons of VA Loans?
For military veterans and their spouses, VA loans have become one of the most popular choices for purchasing a home. These flexible loans come with some significant financial benefits, not…
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Home Equity and Why is it Important
You’ve probably heard how homeownership builds wealth, usually with the word “equity” mentioned at some point. Whether you’ve already committed to buying a home or you’re just looking into how…
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What is a Mortgage Note?
When you’re closing on a home that requires a mortgage, there are several important documents you need to sign to make it official. Among these documents will be three main…
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Mortgage Underwriting: What Does it Mean?
No matter who you are the mortgage approval process is the same for everyone. Once you’ve agreed with a seller on a sales contract for a home and all due…
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