Tag: Mortgage

Posted on 04/14/2024
The basics of recasting your mortgage payments
Recasting mortgage payments is a little-known gem when it...
Home Financing
Home Refinancing
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Posted on 01/15/2023
Understanding the fixed rate mortgage definition
To choose the right mortgage loan, it’s important to...
Fixed Rate Mortgage
Adjustable Rate Mortgage
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Posted on 05/08/2022
5 Ways Sellers Can Reduce Their Risk When Offering Financing
Seller financing is an excellent option for some property buyers and sellers. However, no matter the type of financing the seller offers, they are taking on a sizable amount of risk. Underwriting and supplementing a mortgage means dealing with the consequences if the buyer defaults on the loan. This is one reason many sellers hesitate to offer financing....
Financing
Financing
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Posted on 09/26/2019
Understanding Your Mortgage: Prepayment Penalties
Photo by Steve Buissinne via Pixabay Most are familiar with the key components of a mortgage: how much you're borrowing, what your interest rate is, how many years you'll be paying your mortgage back. There are many, however, who do not understand some of the finer details, including what prepayment penalties are and how they may affect you...
Mortgage
Mortgage
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