Most consumers securing a mortgage plan to remain in that loan for 30 years. During that time, the borrower maintains a relationship with the loan servicer or lender. Most often, home buyers do not think twice about who the mortgage lender is, but rather focus on the interest rates offered.
How The 2018 Tax Changes Can Affect Your Mortgage
When the chatter was at its peak on the 2018 tax law changes being proposed, one of the big areas of concern for homeowners was the elimination of the mortgage interest deduction. Right behind that issue was a similar treatment with regards to property tax deductions.
Manage These 3 Items Before Applying For A Mortgage
Mortgage lenders weigh the risk of getting their principal and interest paid back by looking at the qualities of the prospective borrower. Due to the amount of money being requested and lent to purchase homes, those requirements can become daunting.
Should You Consider an Adjustable Rate Mortgage For Your Home Purchase?
With mortgage rates finally looking like they may move upward a bit as the overall market improves the adjustable rate mortgage starts to come into play again.
Questions and Answers Regarding The Veterans Loan Program
Owning a home is important to military veterans just like the majority of other consumers. The Veteran’s Administration has provided an exceptional benefit for those who have served (or are currently serving) in any of the armed forces. And this VA Loan Program is helping thousands of service members achieve the goal of home ownership.
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