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Showing posts with the label first time home buyer loan

5 Questions to Ask Yourself Before Buying a Home

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Buying a home is the American dream and a proud moment of accomplishment and success. It's the biggest investment you'll make in your life and you don't want your decision to be wrong. There is joy and excitement when you're buying a home, however, it can be nerve-wracking too. You want to make the right decision when there is huge financial investment involved. Buying a home when market rates are high or buying the wrong home can hurt your finances and can affect you for a long period of time. Purchasing the right home at the right time can be beneficial. You may have spent long hours surfing the internet, trying to gather information about properties, which includes prices, and location. This blog provides valuable information on questions to ask yourself before buying a home. To learn more, please visit: 5 Questions to Ask Yourself When Buying a New home

Reasons to Choose A Local Mortgage Lender

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A local mortgage lender is like a friend alway available in distress: easily accessible, offering personalized services, and giving justice to your requirements. If you’re still not convinced, check this post to know the benefits of hiring a local mortgage lender. Read More: https://www.drewmortgage.com/blog/reasons-to-choose-a-local-mortgage-lender/

Benefits of Having a Good Credit Score

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Desiring for a good credit score, however, not so keen on cleaning up your credit history? A bad credit score may keep you away from your dream house. Still not convinced? Check this post to get inspired today and know the benefits of having a healthy score. Read More: https://www.drewmortgage.com/blog/benefits-of-having-a-good-credit-score/

4 Tips That Will Help First-Time Home Buyers Afford Their Down Payment

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Dreaming of buying that house you love? You might have to make some changes in your budget. If you start saving for your down payment as early as possible, you’ll have more financial flexibility when your mortgage becomes finalized. This blog covers 4 tips that will help first-time homebuyers save for their down payment. https://www.drewmortgage.com/blog/4-tips-that-will-help-first-time-home-buyers-afford-their-down-payment/

First Time Homebuyers Loan the Pros and Cons

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A first time home buyer loan is tailored to meet the unique requirements of each and every applicant for that loan. Though the idea of buying your first home may be wonderful, meeting the requirements to qualify for the right loan is not an easy process. Once you find the right loan for your situation, though, you will be pleased with the ease of starting a new journey in a new home. Let’s have a look here at the pros and cons of a first time home buyer loan! Read more: https://www.drewmortgage.com/blog/first-time-homebuyers-loan-the-pros-and-cons/

First-Time Home Buyers: The Benefits That a USDA Loan Can Offer

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First time home buyers can benefit from a USDA approved loan, as it can offer various benefits that will give applicants the ability to achieve their dream of buying a house. This post will discuss the various benefits which a USDA Loan can offer to first-time home buyers. Read More: https://www.drewmortgage.com/blog/first-t ime-home-buyers-the-benefits-that-a-usda-l oan-can-offer/

Benefits of Refinancing Home Loan

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Refinancing your home-loan is a great way of seeking better loan options that will suit your situation and offer you the best benefits. Check out this post to see how refinancing can help you and why you should consider giving it a try. Read More:  https://www.drewmortgage.com/blog/benefits-of-refinancing-home-loan/

What Type of 203k Loan Will Benefit You The Most?

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A 203K Loan supports repairs and/or renovation costs along with the property cost under one loan scheme. Find out here what the key differences are between and Streamline 203K Loan and a Standard 203K Loan.  What Type of 203k Loan Will Benefit You The Most?

What is A Jumbo Mortgage and How Do You Qualify?

Are you contemplating buying a luxurious home, but insufficient funds to finance it, is making it seem impossible? A jumbo loan is the answer to this: with a higher loan amount than traditional options, you can make your dream come true. Let's understand the requirements and qualifications that are necessary to be eligible for a jumbo loan.  Read More

Benefits of Having of VA Mortgage Loan

A VA Mortgage loan comes with myriads of benefits such as waiver of down payment and other fees, additional charges, reduction in paperwork, hassle-free process, security by the government, etc. While this benefit has been extended to veterans and their surviving family, here's a complete guide on what benefits a person qualifying for VA Mortgage loan can enjoy.  Read More

5 Top Reasons You May Not Qualify For A Mortgage

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Getting approved for a mortgage loan can be a herculean task for a first time home buyer and some mistakes might entail his application form being rejected. Some of the top reasons are having a bad credit history, not having proper documentation, appraisal issues with the property, aiming for low down payment, unsatisfactory income, etc. To overcome these problems, it is advisable for the buyer to seek professional help from a suitable mortgage agency.  Read More

Types of Home Loans for First-Time Buyers: Which One is Best for You?

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Are you the first time home buyers? Seeking for the best and suitable home loan options? There are some of the home loans available for the first time buyers. But each type of home loan has different criteria for approval. Before applying for the mortgage loan, you need to understand what your objective is, financial situation, and as per that which loan option fits you the most? Checkout: https://www.drewmortgage. com/blo...  for more information of the type of loans for the first time buyers, so that you can decide which one is the best for you.

Everything You Need to Know about Refinancing A Home Loan

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The term Refinancing might sound confusing, it refers to replacing the existing loan on a home, with a new mortgage. The new loan will have benefits and advantages that the original mortgage did not. There are various reasons why a home owner may opt to refinance a mortgage. This post will detail what refinancing a home mortgage is, why to opt for refinancing and the benefits to you.  Read more