Month: December 2017

Why “No Closing Cost” Home Loans Still Cost You

You hear that you have the option to get a “no closing cost” loan. You immediately, think “Sign me up!” Who wouldn’t want to save thousands of dollars on their refinance? But, before you do, there are some considerations you must make. While the name makes it seem like the loan does not cost you, in reality, it does. We show you how below. Get Matched with a Lender, Click Here. HOW LENDERS OFFER A “NO CLOSING COST” LOAN You might wonder how a lender could get away with not charging closing costs. Not only do they have to...

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Different Insurance Policies You Can Get to Protect Your Home

Every homeowner understands the importance of protecting their homes. Which is why many would take the necessary measures to make their homes a safe place to live in. However, we can’t protect our homes from everything. Whether it’s caused by a natural phenomenon or any other unfortunate circumstances, anything can still happen at any given moment. Other than doing preventive measures to reduce the possibility of these tragedies from happening, it’s also smart to consider getting homeowners insurance to cover the costs whenever these unforeseen circumstances arise. In fact, a lot of lenders require borrowers to get homeowners insurance during the...

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The Top 5 Reasons to Buy a ‘For Sale by Owner’ Home

You are in the market for a home – congratulations! You have many decisions ahead of you, though. Your first decision should be whether to buy a ‘for sale by owner’ home or a newly constructed home. A newly constructed home may be something you always dreamt of, but don’t discount the benefits of a FSBO. Looking for Current Mortgage Interest Rates? Click Here. Here are the top 5 reasons you may want to forgo the dream of a new home and opt for a pre-owned home instead. LOWER ASKING PRICE ON AN FSBO Let’s face it, most buyers are...

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How Non-Permanent Resident Aliens Verify Employment

Buying a house is a part of the American dream. But, for non-permanent resident aliens, it can mean a lot of obstacles to get through first. It’s not impossible to buy a home for primary use if you are not a citizen, but knowing the obstacles you’ll face ahead of time can help make things easier. Get Matched with a Lender, Click Here. VERIFYING EMPLOYMENT If there’s one concern lenders have for non-permanent resident aliens, it’s continued employment. Without a job, it would be difficult to afford your mortgage. That makes you a high risk for default. That’s why lenders...

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