Home Mortgage Tips Archives - Page 2 of 10 - Real Estate News

Over 5 Trillion Dollars In Home Equity May Lead To More Cash Out Transactions

Posted OnApr 13, 2018
US homeowners now have over 5 trillion dollars in home equity which is a very large amount of money! So this year may be the year for a lot of cash out refinances and other home equity mortgage products. Most often, when you are purchasing a home, you are buying at or below the appraised value and you are making a down payment.
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Questions and Answers Regarding The Veterans Loan Program

Posted OnApr 06, 2018
Owning a home is important to military veterans just like the majority of other consumers. The Veteran's Administration has provided an exceptional benefit for those who have served (or are currently serving) in any of the armed forces. And this VA Loan Program is helping thousands of service members achieve the goal of home ownership.
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Selling Your Home FHA? Learn These Tips To Ensure A Smooth Closing

Posted OnApr 04, 2018
Before an owner can market a property to buyers that want to use a FHA loan, he will want to familiarize himself with the FHA's standards. FHA won't insure loans on just any property. While their standards aren't as stringent as they used to be, a home needs to be in relatively good condition to qualify for FHA financing.
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What Are The Benefits And Drawbacks Of Putting 20 Percent Down On A Home Purchase?

Posted OnMar 20, 2018
Several generations ago, lenders required home buyers to have a 20 percent down payment in order to get a mortgage. While there were a few options out there for people who couldn't save this substantial amount, the reality was that for the majority of people, the 20 percent down was a requirement.
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