Category: Financing & insuring
Affording a home is all in the numbers! Get mortgage information, plus discover everything you need to think about to get your new home insured the right way.
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Creative Ways to Save Money for a Down Payment
Read more: Creative Ways to Save Money for a Down PaymentHoping to buy your dream home in the near future? Once you’ve determined how much mortgage you can afford, it’s time to save for your down payment! How much you need for a down payment depends on multiple factors, including the total price of the home and what kind of loan you’re considering, but it’s…
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Five Financial Wellness Tips to Help you Land your Dream Home in 2024
Read more: Five Financial Wellness Tips to Help you Land your Dream Home in 2024The dawn of a new year is an opportunity for new beginnings, new adventures and new goals. If one of your goals for 2024 is to find and move into the home of your dreams, committing to financial wellness is an important first step to take and the financial wellness tips we’ve put together can…
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Meet Our Affiliated Lender and Insurance Companies
Read more: Meet Our Affiliated Lender and Insurance CompaniesBuying a home can be one of the most important purchases in your lifetime, which is why it’s crucial to have the right resources by your side every step of the way—from finding the home to insuring it. At Richmond American, we work closely with our affiliated lender and insurance companies to offer a streamlined…
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Black Friday Dos and Don’ts
Read more: Black Friday Dos and Don’tsLove saving money on Black Friday and Cyber Monday? Check out our shopping dos and don’ts! If you’re in the market for a new home, these tips could save you more money on your future mortgage than any retail doorbuster, discount or early-bird special ever could.
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Ready to Shop Policies? Use Our Home Insurance Checklist
Read more: Ready to Shop Policies? Use Our Home Insurance ChecklistYou’ve found your dream home—now it’s time to insure it! Selecting the right home insurance policy is important not only because it may be a condition of your home loan, but also because it can offer you and your family greater peace of mind. If the unexpected happens, homeowners insurance can provide coverage for losses…
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VA Loan FAQ for Military Homebuyers (& Military Spouses!)
Read more: VA Loan FAQ for Military Homebuyers (& Military Spouses!)Did you know that active-duty and veteran military buyers may be eligible for home loans with little (or no) money down, low (or no) closing costs, and competitive interest rates—all while paying no monthly mortgage insurance? Read our VA loan FAQ to learn more!
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Avoid Unwanted Calls with an Opt Out Request
Read more: Avoid Unwanted Calls with an Opt Out RequestNowadays, telemarketers are a fact of life. Anytime you apply for credit with a company, your information may be passed along and you’ll be bombarded with calls, emails and texts from a dozen other places promising special offers. So, what can you do about it? Make an opt out request!
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The Facts on Closing Costs on New Construction Homes
Read more: The Facts on Closing Costs on New Construction HomesClosing costs: a generic term tossed around by mortgage originators, real estate agents and even your neighbor. But what are these fees all about? Read on to learn the basics of closing costs on new construction and resale homes and how they will affect your home purchase.
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Know the Difference: Home Warranty vs. Home Insurance
Read more: Know the Difference: Home Warranty vs. Home InsuranceA home warranty is a great perk when you buy a new-construction home (and sometimes even a resale!) but do you know how it differs from home insurance coverage? Knowing who to call about a home issue can put you on the fast track to getting it addressed ASAP!
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What’s So Special About Special Financing?
Read more: What’s So Special About Special Financing?Special financing. You’re familiar with the term, but its definition varies by industry. For example, some car dealers use “special financing” to describe financing options for people with bad credit who otherwise wouldn’t qualify for an auto loan. And some retailers have deferred-interest special financing options, which allow shoppers to make interest payments on their…
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The Benefits of Pre-qualifying for a Mortgage
Read more: The Benefits of Pre-qualifying for a MortgageBefore you get too caught up in the excitement of researching neighborhoods, pinning down your wish list and clicking your way through your local MLS site, you might want to consider taking this simple, time-saving, disappointment-preventing step: pre-qualifying for a mortgage. In this article, we outline all the benefits of this important step.
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Mortgage Infographic: Get Your Credit Ready Before You Apply
Read more: Mortgage Infographic: Get Your Credit Ready Before You ApplyLooking to buy a new home soon? We’ve created a handy mortgage infographic to help you understand some of the factors that affect your credit score and the ways you can improve your score—an important consideration for any lender reviewing your mortgage application. Your credit score may influence what types of loans you can qualify…
