Tag: Mortgage

Posted on 02/16/2025
Important Details to Know About Veteran Mortgage Relief
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...
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Posted on 02/09/2025
Home refinance costs to consider
Refinancing your home can have major benefits: a lower...
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Posted on 10/01/2023
Mortgage rates: A brief guide to common payment options
30-year mortgage rates are the norm among mortgage rates....
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Posted on 05/07/2023
Getting preapproved for a mortgage: How it benefits you
Getting preapproved for a mortgage is an important part of...
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Posted on 04/16/2023
Understanding the fixed rate mortgage definition
To choose the right mortgage loan, it’s important to...
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Posted on 05/22/2022
4 Quick 15-year mortgage types to consider
Mortgages can be a very flustering part of the homebuying process, just based on the sheer volume of available options. Most homebuyers choose the 30-year fixed rate option, as long as they meet the criteria. But what about the 15-year option? What choices are available for homebuyers, first-time and experienced? How do you know which one to pick?...
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Posted on 02/23/2020
How to Use Points to Your Benefit
Photo by Precondo via Pixabay Some mortgage companies offer loans with points. In a nutshell, paying points means paying down the interest rate. One point is equal to 1 percent of the mortgage amount. On a $200,000 mortgage, one point is $2,000. The percentage the interest rate lowers depends on the mortgage company and the market. For example,...
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