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Where Can I Learn More?
February 3, 2016Visit Fannie Mae’s online resource for homebuyers or Freddie Mac’s online resource for homeownership
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What Is Private Mortgage Insurance (PMI)?
February 3, 2016Private mortgage insurance applies to borrowers who make a down payment that is less than 20 percent of the...
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What Is A Good Amount Of Money To Have Available For A Down Payment?
February 3, 2016A down payment of 20 percent or more of the home purchase price is no longer a requirement, nor...
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What Is An Escrow Account?
February 3, 2016Your mortgage lender may require or suggest that you set up an escrow account. An escrow account is established...
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What Taxes and Insurance Must I Pay as a Home Owner?
February 3, 2016Homeowners are required to pay property taxes and they must also have some type of homeowners insurance to protect...
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What is a Credit Score?
February 3, 2016A credit score is a primary indicator of how likely borrowers will repay future debt. Mortgage lenders review your...
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What Information Do Mortgage Lenders Need From Me To Qualify For A Mortgage Loan?
February 3, 2016To help you get a mortgage loan, mortgage lenders require information related to your employment, finances and information about...
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What Are The Advantages Of Owning My Own Home Vs. Renting?
February 3, 2016Owning a home can be as affordable as renting, and in some part of the United States, it can...
