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VA Funding Fee- How Much Does the Veteran Pay?

For those who qualify, there is no better mortgage option which requires no money down, reduced fees and no monthly mortgage insurance.VA Funding Fee…  On top of those stellar benefits, the VA actually guarantees a

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Home Mortgage Terms: Loan to Value Demystified

You’ve read here before about the sometimes confusing language lenders use on a daily basis. When financing a property you’ll encounter these terms and if your loan officer isn’t careful, will use them when communicating

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10 Biggest Benefits of a VA Home Loan

The Servicemen’s Readjustment Act of 1944 provided benefits to returning soldiers after WWII. Among these benefits was the VA home loan program and today more than 20 million have taken advantage of this special program.

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Pitfalls of Seller Financing

Seller financing historically hasn’t been very common. When a property owner wants or needs to sell a home, the sellers typically want to get their proceeds at the settlement table rather than collect monthly payments

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Fannie Mae vs. Freddie Mac: Which One Is Better?

If you’ve ever gone completely through the mortgage process you know full well there are rules that lenders must follow. From federal compliance to following lending procedures, it sometimes seems a lender’s series of questions

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The Truth About Transferring a Home Appraisal

NOTE: We have updated this subject with new information. For updates on the appraisal transfer, see our latest article. When lenders receive a loan application they actually begin the process of issuing two separate approvals,

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