Financing for Fixer-Uppers

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For many potential homebuyers, the prospect of purchasing a home in need of TLC is a challenging and exciting proposition. “Fixer-upper” is a phrase used to describe homes with all types of rehabilitation needs, big and small. Clients purchase fixer-uppers for their own primary residences, as secondary homes and as investment properties. In this week’s… [Read More]

An In-Depth Look at Closing Costs

Couple Buying House

Welcome again to our mortgage blog, where we cover home financing basics to help you better prepare for owning a home. This week, we’ll explore the different costs you’ll encounter when you sign final documentation to secure your loan and purchase your new home. These closing costs are as widely varied in cost and item… [Read More]

How to Lock in a Mortgage Rate

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Mortgage Rate Locks May Give You Peace of Mind When it comes to buying a home, you may hear “location, location, location” is key. When it comes to obtaining a mortgage for a home, timing is of the essence, among other things. Like the selling price of homes, mortgage interest rates fluctuate as the economy… [Read More]

Owning vs. Renting: What You Need to Know

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The choice to buy a home is one of the largest decisions most people will make in their lives. Most people rent for at least part of their lives before deciding to buy, and still others rent their whole lives. Because buying a home – and all that comes with it – is such an… [Read More]

Your FICO Score: A Benchmark of Financial Fitness

Young Man Worries About Debt and Money

To gain financial security and achieve the dream of owning a home, it’s essential that you understand the basics of credit. Credit scores are one measure by which lenders, banks and other companies evaluate your worthiness as a borrower for mortgages and other types of loans. In this week’s blog, we’ll look further into FICO… [Read More]

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