Category: Intro to Mortgages

Forbearance or Loan Modification?
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Forbearance or Loan Modification?

“Forbearance” is becoming quite a common term these days as the Coronavirus pandemic continues. As the word becomes more popular, it’s increasingly important for those who could benefit from forbearance be aware of what the term actually means.

Refinancing Your Current Mortgage
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Refinancing Your Current Mortgage

Refinancing is the process of paying off your original mortgage and replacing it with a new one. If your current financial situation is different from what it was when your first mortgage was originated, you may benefit from a refinance.

Is a VA Loan Right for Me?
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Is a VA Loan Right for Me?

A VA loan is a home loan that is guaranteed by the United States Department of Veteran Affairs. The loan is designed to help make home ownership possible for those who are currently serving or have served in the military.

Why Get a USDA Loan?
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Why Get a USDA Loan?

In 1935, the U.S. Department of Agriculture released a loan program intended to help populate more rural areas. Fast forward to 2019, the USDA loan is still a great way to help finance a home in these rural areas.