When buying a new home, you may be focused on finding a mortgage program that has a down payment requirement that is manageable for you. However, some home buyers will overlook the costs that they are responsible for at closing. The good news is that there are some steps that you can take to keep these costs to a minimum.
The Pros and Cons of Using Spare Funds to Pay Your Mortgage Down Faster
A home mortgage payment can be a large or even the largest expense in a person’s budget, and not having this payment any longer can be a life changing experience.
First-time Mortgage Borrowers: Avoid These “Rookie Mistakes”
As a first-time home buyer, you may be stressed about finding the right home to buy and researching the neighborhoods and schools. While these are all factors to pay attention to, you also need to focus heavily on your mortgage.
Which is Better: Bi-weekly or Monthly Mortgage Payments? Let’s Take a Look
When you apply for a new mortgage, your lender may ask if you want to set up monthly payments or bi-weekly payments. Before you decide which is best for you, consider a few factors.
An Insider’s Guide to Fannie Mae’s HomePath Program and Closing Cost Assistance
The Fannie Mae HomePath program and closing cost assistance program is a beneficial option for many, and you may benefit from learning more about it.
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