Posts Tagged ‘Mortgage’
How to Calculate Mortgage Payments
How to Calculate Mortgage Payments- It is important to calculate your mortgage payments to understand exactly what you owe and how your loan is being paid down. The easiest and least time consuming is to use a Mortgage Calculator. Ask your Realtor if they have one available or check out the option below. You…
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When Should You Refinance Your Home?
Refinancing your home at a lower rate is very common among some homeowners. However, it is not always the right decision for everyone. Before you make the decision to refinance your home, it is important for you to put some deep thought into how this change will affect you. Here are four things to consider…
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Changes: FHA Loan Sizes
Changes: FHA Loan Sizes The size of the biggest mortgage the Federal Housing Administration (FHA) can guarantee is going to drop by as much as 50 percent in some areas of the U.S. in 2014. Homeowners living in the highest-cost areas of the country will find their FHA loans capped at $625,500, down from $729,750…
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Need A Mortgage?
Need a Mortgage – Check This List Out! From the time an applicant walks through the door to the actual closing, lenders have become very cautious about the entire home mortgage loan process. Even when an applicant has a good down payment and good credit, issues arising at the last minute can result in the…
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Closing Process on your New CT Home
Closing Procss on you New CT Home. You’ve found the home of your dreams and secured financing for your purchase. The final step in the home buying process is called the “settlement” or “closing,” where the legal title to the property is transferred to you. Settlement practices vary from one locality to another. Settlements may…
Read MoreKNOW YOUR RIGHTS WHEN APPLYING FOR A MORTGAGE
We’ve all heard that many things in life are not fair. But the process of qualifying for a mortgage shouldn’t be one of them. That doesn’t mean you necessarily get the loan you apply for. It does mean that you have the right to be judged on your financial stability and credit history rather than on…
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