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Why do you think Mortgage Insurance is important?
The basic understanding of Mortgage Insurance Mortgage insurance is an insurance policy that protect a lender in some cases. For example, the borrower defaults on payments, passes away. Or he…
To be successful for getting pre-qualifications
Don’t pay off all your debts suddenly.Don’t apply for new credit cards. You can get pre-qualification easily after getting pre-approval and the process of your loan progresses to pull a…
Prequalification – you need to know
The steps for a successful home loan . Online prequalification is a tool that you can use. By that way, after connecting with a loan officer, you can find out…
Understanding the People and Their Home Services
Who’s Who and What’s What? The process of obtaining a mortgage can seem quite complicated because of the number of people involved. Although it can appear overwhelming at times, it…
Glossary of Mortgage Terms
The following mortgage terms relate to one of the steps in the homebuying process: Adjustable-Rate Mortgage (ARM): Also known as a variable-rate loan, an ARM usually offers a lower initial…
Step By Step – Mortgage Guide
In this Guide, you will learn about one of the most important steps in the homebuying process — obtaining a mortgage.The materials in this Guide will take you from application…
Step By Step – First Time Home Buyer
1. Make sure you’re ready Sure, there’s being financially ready to buy a house (see Step 2 for that). Even if it’s just going to be your starter home, you’re…