Resource Articles

Personal – Homebuying and Refinancing

First Mortgage Plus Second Mortgage = No PMI

Private mortgage insurance (PMI) covers the lender against borrower default.

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Personal – Homebuying and Refinancing

Improvement Projects with the Biggest Payoff

Check with your insurance agent before renovating to find out if your project can help you save some money.

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Personal – Homebuying and Refinancing

If You Can, Go With a Shorter Term

When refinancing, consider a shorter term loan, which can save you from paying a significantly higher amount in interest.

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Personal – Homebuying and Refinancing

Pros and Cons of Cash-Out Refinancing

Weigh the benefits and disadvantages of cash-out refinancing.

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Personal – Homebuying and Refinancing

Simple Ways to Estimate Home Value

One of the most easiest ways to estimate the value of your home is to use the freely available online tools.

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Personal – Homebuying and Refinancing

Signed, Sealed, Not Always Delivered

The Right of Rescission is a protection given to borrowers under the Truth in Lending Act.

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Personal – Homebuying and Refinancing

To Rent or to Buy

Home ownership vs. renting is a major financial decision that involves reviewing interest rates, maintenance costs, location costs, and long-term investment goals.

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Personal – Homebuying and Refinancing

Refinancing with an FHA Loan

It is possible to refinance an existing loan into an FHA loan. It offers many advantages.

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Personal – Homebuying and Refinancing

5 Tips to Saving for Your First Home

If you are reading this, you are either interested in or have decided to start saving for your first home. Congratulations! Renting can be expensive, and the idea of saving for your first home can be exciting and intimidating all at the same time.

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