Mortgage Terms to Know
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Are you familiar with Fannie Mae and Freddie Mac? These organizations are crucial in providing stability and affordability to the U.S. mortgage market.
Are you a first-time homebuyer looking for a loan with flexible criteria? The Conventional loan may be the right choice for you!
Did you know that lenders use your Debt-to-Income ratio to see if you qualify for a loan?
Are you a first-time homebuyer? We've got you covered! Contact a loan officer today.
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!
Saving up for a down payment? Remember to set aside enough to cover your closing costs too! Ask your Loan Officer to learn more.
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.