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Mortgage Terms to Know

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Lennar Mortgage
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Financial Markets
Helping People
To Learn
Government
Finance
Marketing
Reading
Terms to Know - CFPB
The CFPB is a great resource to learn about making smart financial decisions. Click to learn more!
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Credit Report
Period
Mortgage Terms to Know - Prescreen
Our Customers are often surprised to receive credit offers from other lenders after their credit check. Luckily, you can opt out of receiving these offers for a period of 5 years or permanently! Follow the steps at OptOutPrescreen. com to stop receiving prescreened offers.
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Usda Loan
Mortgage Loan Officer
Fha Loans
Family Help
Mortgage Payment
Mortgage Loans
Home Ownership
Home Loans
Understanding Yourself
Terms to Know - Loan Estimate
Within three business days of applying for a mortgage, you'll receive a Loan Estimate from your lender. Use this summary to understand your loan – or even compare lenders!
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Fico Score
Va Loan
Loan Officer
Borrow Money
Mortgage Terms to Know - APR
APR will give you an insight into the yearly percentage you will pay on your loan!
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0:30
Fha Loan
Mortgage Process
Loan Application
Model Lifestyle
Good Credit
Lennar Mortgage - What is an FHA Loan?
Are you a first-time homebuyer looking for a loan program with lower credit score requirments? The FHA loan may be the right choice for you! Contact your Loan Officer to learn more.
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Mortgage Terms to Know - Fannie Mae & Freddie Mac
Are you familiar with Fannie Mae and Freddie Mac? These organizations are crucial in providing stability and affordability to the U.S. mortgage market.
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Good Credit Score
Home Equity
Lennar Mortgage - What is a Conventional Loan?
Are you a first-time homebuyer looking for a loan with flexible criteria? The Conventional loan may be the right choice for you!
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Debt To Income Ratio
Credit Score
Mortgage Terms to Know - Debt-to-Income Ratio
Did you know that lenders use your Debt-to-Income ratio to see if you qualify for a loan?
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Home Budget
Lennar Mortgage Terms to Know - Pre-qualification
Pre-qualification is a great first step to owning your home. In most cases, this process is quick, free and very helpful for setting your home budget!
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Closing Costs
Down Payment
How To Plan
Mortgage Terms to Know - Closing Costs
Saving up for a down payment? Remember to set aside enough to cover your closing costs too! Ask your Loan Officer to learn more.
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Debt to income ratio
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Mortgage Lenders
House Prices
Insurance
Private Mortgage Insurance
When calculating your monthly mortgage payments, be sure to factor in mortgage insurance! Whether you need PMI or not depends on your loan type, down payment, and more. Ask your Loan Officer about mortgage insurance, to learn what you should expect.