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Mortgage

Understanding the Different Types of Mortgage Loans

December 16, 2020

Financing a new home can be a stressful situation, especially if it’s your first one. A new home is an incredibly big purchase, and agreeing to a mortgage that could last for decades is an equally sizeable decision. Before you settle on an option, it’s important to understand all of the various loan products available.

Mortgage

How to Prepare for Mortgage Closing Costs

June 15, 2023

Closing costs are the various fees paid after an offer on a home has been accepted and before ownership of the house can be transferred from the seller to the buyer. These fees can vary from one purchase to another, which can make it harder to budget for them in advance. Sometimes, a buyer can negotiate a reduction or exemption from certain closing costs or ask that some fees be covered by the seller. Of course, everything regarding fees and closing costs needs to be documented in writing.

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