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Is a Reverse Mortgage Right for You?

A reverse mortgage allows senior homeowners with sufficient equity to use their home as collateral for extra income during retirement. It can be a great tool under the right circumstances, especially if you need cash for something like medical bills

Confusing Mortgage Terms Explained

If there’s one common thread in first-time homeowner’s experiences, it’s that the process of getting a mortgage is overwhelming. Not only is buying a home a big undertaking, but trying to learn the language of mortgage lenders can be quite

Understanding Private Mortgage Insurance

The mortgage loan process is a lot like wading through alphabet soup, and “PMI” is a commonly used acronym that every mortgage holder should understand. Private Mortgage Insurance is a type of insurance that protects the lender in certain mortgage

Mortgage Loans That Get Denied

No one wants to deal with taking out a mortgage loan and having it denied. Recently the Urban Institute calculated real denial rates to determine which mortgage loans are denied most often. Government-backed loans get denied less than conventional loans. Forbes

How to Jump on a Big Decision

How do you know that you have found the right house? Many say that you just know, and that your instincts will lead you to the right direction. Because it is such a heavy decision, some house hunters feel that

How to Find Your Next House

Finding a forever home is a challenge, and there are many things to consider. However, it is important to trust your gut feeling and let it guide you through the process. Some buyers report that often times they had somethings
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