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How to Buy a Vacation Home in 5 Steps

How to Buy a Vacation Home in 5 Steps

Buying a vacation home can be a great way to spend time in the place you love and save money over time on lodging fees. Here are 5 important steps to buying that dream property by the seaside or in the mountains. Determine the Function of the Vacation H

Mar 30, 2023 | Purchasing a Home

What is Cash to Close?

What is Cash to Close?

As you get into the mortgage application process, you may hear your lender use the term “cash to close.” What’s the difference between this phrase and closing costs? What does “Cash to Close” mean? Also called “funds to close,” cash to close denotes the t

Mar 28, 2023 | Purchasing a Home

5 Questions about FHA Loans

5 Questions about FHA Loans

If you are ready to buy a home, you have probably wondered what type of loan you should choose. FHA loans, sponsored by the Federal Housing Administration are excellent mortgages that offer low down payments and easier credit standards. Before you make yo

Mar 23, 2023 | Purchasing a Home

What is a Loan Estimate?

What is a Loan Estimate?

During the mortgage application process, you will receive a very important document called the Loan Estimate (LE). This three-page form will provide you with detailed information about your proposed mortgage. Here’s what you need to know to effectively ma

Mar 21, 2023 | Purchasing a Home

Adjustable-Rate Mortgages – The Most Frequently Asked Questions

Adjustable-Rate Mortgages – The Most Frequently Asked Questions

In today’s real estate market with rising interest rates and high home prices, potential homebuyers are looking in every direction for ways to make home ownership more affordable. One option might be to utilize an adjustable-rate mortgage loan. These offe

Mar 16, 2023 | Interest Rates

What Fees are Included in Mortgage Closing Costs?

What Fees are Included in Mortgage Closing Costs?

When you buy a home or refinance your mortgage, you should expect to pay closing costs. What are these fees and what is it you are paying for? Closing Costs Defined Closing costs are charges for basically all the services it takes to put together a mortga

Mar 14, 2023 | Purchasing a Home

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