Unmarried and Buying a Home

What You Need to Know About Buying a Home as an Unmarried Couple Buying a home with a loved one is an exciting next step. However, home purchases between unmarried couples come with a few challenges. And since buying a home presents a significant financial investment and personal commitment, it’s important to know the challenges…

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Time for a Bigger Home

We may grow but our homes do not.  Starter homes are just that, for starters! Lets take into consideration the benefit of a larger home.  Of course the amount of space for living and storage; no more elbow bumping or closet overloads when a larger space is available! Well that’s just obvious.  Consider how you…

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Homes for No Money Down

No Money Down Home Loan Programs USDA Home Loan A rural development mortgage from the USDA is a zero-down loan for low-to-moderate income families. Besides the no money down, you’ll enjoy other perks like a mortgage insurance premium (mip) is that’s lower than most other home loans. There are a few limitations to this loan,…

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Conventional Financing without 20% Down

20% Down for Conventional Financing or No Deal? When envisioning the American Dream of financing your next home; how often have you been told, “You must have 20% down in order to qualify for a Conventional home loan?” Q: Why is having 20% so important? A: With a 20% down payment, Private Mortgage Insurance (PMI)…

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To Refinance or Not Refinance?

Refinancing is the process of replacing an existing loan with a new loan, different terms.  The new loan pays off the current debt.  Debt is not eliminated when you refinance but replaced by a loan with better terms/features to improve your finances. Refinancing is done to allow a borrower to obtain a better interest term and…

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