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money for mortgage

FHA Mortgage Insurance Reduction

HUD announced in Mortgagee Letter 2015-01 that certain FHA loans have the opportunity to have their mortgage insurance reduced. Basically certain FHA loan borrowers can refinance their FHA loan and receive a FHA mortgage...

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interest rate basics

Mortgage Interest Rate Basics

Securing a mortgage is an exciting time, because it is the opportunity that allows you to have a home of your own. The problem with mortgages is the fact that many people don't understand how their mortgage works, resulting...

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How to read a good faith estimate

How To Read A Good Faith Estimate (GFE)

A good faith estimate (GFE) is a government-mandated document that’s designed to inform you of the exact nature of the proposed home loan, your obligations under the agreement, and other important details. This gives you...

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What Is a VA Hybrid ARM

VA Hybrid ARM’s are a loan program that combines the benefits of a fixed rate mortgage with the flexibility of an adjustable rate mortgage. This loan option can be a suitable option for many homebuyers. Let’s take a...

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