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PennyMac
MARCH 4, 2024
There’s a lot to consider when it comes to choosing the right one — everything from interest rates, loan types and fees to service and experience. How to Find a Mortgage Lender There are several types of lenders you can look to for securing your home loan, with the most popular being direct lenders and mortgage brokers. Direct lenders.
Quicken Loans
NOVEMBER 18, 2021
If you don’t have a large down payment, attractive loan options include 3% down conventional loans. These loans are for most borrowers – you don’t have to be in a specific income category or region. Here’s everything you must know about these low down payment loans. How Does The Conventional 97 Loan Program Work?
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Quicken Loans
MAY 12, 2021
But if you’re married, one that you might not have thought about is whether you and your spouse should both be on the home loan. If you’re married and you’re taking the plunge into the real estate market, here’s what you should know about buying a house with only one spouse on the loan. Let’s take a look at those.
Quicken Loans
JANUARY 11, 2022
What is a VA loan, how does it work, and are you eligible to obtain one? That’s because a VA loan is a type of home mortgage loan that offers preferred terms to borrowers who have served and currently serve our nation. A VA loan is available to veterans and active duty service members, and offered through the U.S.
Assurance Financial
MAY 10, 2022
You have a guaranteed vacation spot each year and can rent the house out to bring in some extra income. Another reason is that it can give you a source of passive income. When your family is no longer interested in vacationing there, you can sell the property or continue to rent it out, generating an ongoing source of income.
Assurance Financial
JUNE 9, 2021
Moving into the summer of 2021 and peak home buying season, we are still seeing mortgage rates for a 30-year loan around 3.10% , and 15-year fixed around 2.3% You have obviously heard a lot of buzz about interest rates back in 2020. In October 2020, the Fed rate was just 0.09%. The answer is a lot and a little.
Movoto
MARCH 27, 2024
While not the most common lending scenario when buying a home , some buyers can qualify for select mortgage loans with no down payment. Mortgages 101: Understanding Lending for Homes Various types of home loans can be found on the market, each offering different perks and upfront payment requirements. Let’s take a look.
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