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mortgages

Financing & Insuring

Applying for a Mortgage Soon?

December 7, 2016
Get your credit mortgage ready with these 8 tips

We’ve created this handy infographic to help you understand and work to improve the factors that affect your credit score—an important consideration for any lender reviewing your mortgage application. Your credit score may influence what types of loans you can qualify for and what rate lenders will offer you, so it’s best to make it a priority as soon as possible in your home search. For more detailed information, download our free guide, 8 Credit Score Management Tips.

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Buying a Home

The Benefits of Pre-qualifying for a Mortgage

April 19, 2016

If you’re about to begin your new home search, you may want to consider getting pre-qualified—or even pre-approved—for a home loan. Although pre-qualification isn’t a mandatory step on your journey to homeownership, it does offer several benefits. Following are just a few advantages of pre-qualifying for a mortgage before you begin your house hunt.   It helps to establish a budget. Not sure how much home you can afford? Getting pre-qualified for a home loan is a wonderful way to find out! Not to be…

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Financing & Insuring

Making the Most of a Mortgage Calculator

June 18, 2015

A mortgage calculator can be very helpful when you’re deciding how to approach the financial side of buying a home. It can give you a ballpark figure of what your monthly mortgage payment may be so you can estimate expenses. It can also help you decide if you might prefer a fixed-rate or an adjustable-rate loan, or a 15- or 30-year loan term. Experiment by entering the numbers for one home price and interest rate—and then alter the figures to see different scenarios. Want to…

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Financing & Insuring

5 Mortgage Myths Debunked

November 13, 2014

You’ve probably heard your share of mortgage legends over the years. It can be hard to know what’s fact and what’s fiction. When you’re in the market for a new home, there’s no better time to learn the truth. We’ve uncovered five myths that have made their way into mainstream homebuying. Myth #1: You must have a 20% down payment. Fact: Today’s qualified borrowers may secure a home loan by putting down as little as 3% or 3.5% of the purchase price. If you are…

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