Tag: Mortgage

Posted on 08/27/2023
Understanding the fixed rate mortgage definition
To choose the right mortgage loan, it’s important to...
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Posted on 03/12/2023
What is a mortgage prepayment penalty?
Mortgage lenders make money primarily through interest...
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Posted on 05/01/2022
3 Common Fears About Homebuying
Buying a house can be a source of tremendous stress for many. It’s extremely common to feel overwhelmed and nervous about specific aspects of the process. Luckily, there are some answers to the scariest questions to help ease your mind. Here are some of the biggest homebuying fears and what to do about them: “What if I don’t...
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Posted on 04/03/2022
Financial real estate terms buyers should know
The more real estate terms you understand, the more comfortable you will be in your home buying process. This is especially true for financial vocabulary related to real estate transactions. To help familiarize you with some of these important concepts, here is a quick guide to financial real estate terms: Fixed rate mortgage A fixed rate mortgage is...
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Posted on 04/26/2020
Easy Steps Credit Steps for Preapproval
Photo by Pixabay via Pexels Thinking of buying a home in the near future? You're going to need a preapproval. This tells real estate agents that you're serious about the home-buying process, and it alerts sellers that you're a solid, low-risk candidate. Preapprovals aren't always easy to score, however. And if you're someone who's had a few credit...
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