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Existing Home Owners

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3 Things You Should Consider Before You Refinance

If you’re a homeowner, congrats! You survived the mortgage process once already, giving you a good baseline for what to expect when it comes to refinancing your home loan. Maybe interest rates are low and home values are up. So, it’s no surprise that you’re asking yourself if you should refinance your mortgage. Makes sense...

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How To Refinance With a Low Appraisal

One of the great things about mortgages is that if you don’t like your current one, you have the option to refinance and get a new one. As a homeowner, you’d probably refinance for one of these reasons: Lower interest rates: If mortgage rates are low, you may be able to refinance and get a...

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woman choosing a mortgage lender looking through papers and sitting at table

3 Tips for Choosing a Mortgage Lender

It would be awesome if finding the right mortgage lender were as simple as swiping right on an app (#lender, anyone?). But you can’t choose a mortgage lender that way because there are too many moving parts. Your finances and your lender’s terms and services must match to make it work. Taking shortcuts when it...

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woman checking her phone for the best refinance rates rates with computer nearby

3 Tips To Get The Best Refinance Rates

After you’ve lived in your home for a few years, it’s normal to start thinking about what’s next for you and your money. Do you want to try your hand at DIY home improvements? Is it finally time to go back to school or maybe pay off student loans? They’re all great ideas — but...

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Debt-to-Income Ratio 101

Thinking about buying a home and getting a mortgage? Then you need a crash course in debt-to-income ratio (DTI). While your credit score may get your foot in the door, lenders use your DTI to decide if you’ll be able to afford your monthly mortgage payments. Knowing this powerful percentage can help you get a...

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When Is the Best Time To Sell a House?

Whether you’ve lived in it for 3 years or 30, your home is a part of your life. As a homeowner, it’s also a big part of your financial future. So if you’re thinking about selling your home, it’s usually for a good reason: Your family is growing and you need to find a larger...

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When To Lock Your Mortgage Rate

It would be a major bummer if the interest rates set by the Federal Reserve shot up during closing and your payments for your dream home became unaffordable. With interest rates being very unpredictable, even the slightest bump in rates could impact your final purchase price, even if you started the home buying process a...

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8 Ways Technology Is Changing the Mortgage Process

Technology has changed everything about how we live our lives. From ordering takeout to dating and banking, there always seems to be an app for that. What you might not realize is that financial technology (fintech) has changed the way we buy homes and get mortgages, too. Here are eight ways that technology has changed...

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What Is Mortgage Insurance? MIP vs. PMI

A mortgage is a big commitment. When you’re buying a home, your lender wants to know you’re in it for the long haul, and capable of paying for it. For the mortgage lender, a client can show that by making a 20% down payment on the home. Even when 20% down isn’t possible, lenders are...

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How To Get the Lowest Mortgage Rate

You found a great neighborhood, you’re ready to buy a home and, lo and behold, you make an offer and it gets accepted. Now you’re probably wondering, “What is this going to cost me every month?” The fact is, your monthly payments aren’t just based on the cost of the home loan. They’re also based...

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