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How To Save As Much Money as Possible When Buying a House

How To Save As Much Money as Possible When Buying a House

With high prices and rising inflation, if you are hoping to buy a home for the first time this year, you are probably looking for any way to save money in the process. Here are some possible options for pinching those pennies to make home buying more affo

Jul 11, 2023 | Purchasing a Home

The Pros and Cons of a 40-Year Mortgage

The Pros and Cons of a 40-Year Mortgage

When it comes to buying a house, you have most likely heard of a 30- or 15-year mortgage, and maybe even a 20-year mortgage. Did you know there are also 40-year mortgages? In today’s market of record high prices, these long-term home loans can offer

Jun 29, 2023 | Purchasing a Home

Weighing the Options: Vacation Home or First Mortgage Payoff?

Weighing the Options: Vacation Home or First Mortgage Payoff?

Have you always wanted to buy a second home in your favorite vacation spot, but you’re not sure if it makes financial sense to take on a second mortgage before paying off your first? It can be a tricky question as it feels like a trade-off between g

Jun 20, 2023 | Purchasing a Home

Can My Lender Sell My Mortgage?

Can My Lender Sell My Mortgage?

After searching for the best mortgage lender, you might be surprised to get a letter soon after you close on your new home loan that states that your mortgage has been sold to a different company. You might wonder how that happened and if it is even allow

Jun 08, 2023 | Purchasing a Home

When Is a Mortgage Prequalification Helpful?

When Is a Mortgage Prequalification Helpful?

If you are starting the homebuying process, you may have heard that you should get a mortgage pre-approval, not a prequalification. And yet, mortgage prequalification wouldn’t exist if they didn’t serve a purpose. They simply serve a different

Jun 01, 2023 | Purchasing a Home

Understanding Mortgage Loan Origination Fees

Understanding Mortgage Loan Origination Fees

One of the things you’ll pay for when getting a mortgage loan is an origination fee. Here’s what you need to know about origination fees and why you pay them. What Is a Mortgage Loan Origination Fee? Origination means to create, so the loan

May 30, 2023 | Purchasing a Home

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