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Is Refinancing a Bad Idea?

Assurance Financial

If you have sufficient equity built up in your home — say you’ve been making a steady stream of mortgage payments and paid off a substantial part of your home’s value — it becomes easy for you to borrow against that value through a home equity loan. Downloadable Guides. contact-form-7].

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What Is Private Mortgage Insurance?

Assurance Financial

Downloadable Guides. Click here to download the file. Click here to download the file. Property appreciation potential: If you are moving to an area where home values are appreciating, you may receive a lower PMI premium. If your home’s value increases enough, you could even stop PMI payments completely.

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Important Mortgage Acronyms

Assurance Financial

Downloadable Guides. Click here to download the file. Click here to download the file. HELOC (Home Equity Line of Credit). Home equity is the difference between the amount a person owes on their mortgage and the value of their home. First-Time Homebuyer Guide. contact-form-7]. Refinance Guide.

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SFR with ADU or Two Units?

Appraisal Today

Risk to Home Values. To read more and download the full report, click here My comments: Whether or not appraisers are responsible for verifying that an owner has flood or fire insurance is controversial. After a painstaking renovation of the 13,872-square-foot property, they moved in in 2012. million properties, 23.9