Posts Tagged ‘Home Loans’
How Pre-Qualifying Helps You Find the Right Home
Too often, home buyers are disappointed when they find their dream home only to discover they are not able to get a mortgage to purchase the property. There are methods that potential buyers can use to ensure this does not happen to them.
Read More4 Of The Best Questions To Ask Before Refinancing Your Mortgage
To get a conventional loan, you will usually need to have at least 20 percent equity. This means that your house will have to be worth at least $250,000 to get a $200,000 loan. If you have less equity, you could end up having to pay for private mortgage insurance, which can easily add $100 or more to your monthly payment.
Read MoreDon’t Make These Mistakes When You Want To Get A Home Loan
Getting a home loan can be a challenging process, and a finicky one. Qualifying can be challenging and once a buyer gets approved, it can be surprisingly easy to derail the process.
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