Category: Mortgage

Mortgage Went Up Due to Escrow Has your mortgage payment recently increased unexpectedly due to escrow? You’re not alone. Many homeowners experience this frustrating situation, and it can be challenging to understand why it happened and what you can do about it. In this article, we’ll shed light on why your mortgage may have gone…

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Parking at Freedom Mortgage Pavilion Welcome to Freedom Mortgage Pavilion, the ultimate outdoor concert venue! Whether you’re attending a concert, festival, or other event at the Pavilion, we want to make sure you have a stress-free parking experience. In this article, we’ll provide you with all the information you need to know about parking at…

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Can I Pay Principal Only on My Mortgage? As a homeowner, you may have wondered whether it’s possible to pay off the principal only on your mortgage. The prospect of reducing your mortgage debt faster and potentially saving money on interest can be enticing. In this article, we will explore whether this option is available,…

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Mortgage Calculator Google Sheets Formula Are you in the market for a new home or looking to refinance your existing mortgage? Calculating mortgage payments can be a daunting task, but don’t worry, Google Sheets has got you covered! With the right formula, you can easily determine what your monthly mortgage payments will be. What is…

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Does Food Stamps Count As Income for Mortgage When it comes to applying for a mortgage, one of the most important factors is your income. Lenders typically require borrowers to have a stable and sufficient source of income to ensure they can afford the monthly mortgage payments. However, not all sources of income are treated…

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Dave Ramsey: What Percent of Income for Mortgage? Buying a house is an exciting milestone in life, but it’s essential to make a wise financial decision. One of the most commonly asked questions when determining how much house you can afford is, “What percent of my income should go towards a mortgage?” Financial guru Dave…

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Is Flood Insurance Required If You Don’t Have a Mortgage When it comes to protecting your property from potential damage caused by flooding, one question that often arises is: “Is flood insurance required if you don’t have a mortgage?” This is an important question to consider, as flood insurance can potentially save you from significant…

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Wells Fargo Mortgage Recast Requirements Purchasing a home is a dream come true for many people, and securing a mortgage is an essential step in making that dream a reality. However, as life circumstances change, you may find yourself considering mortgage recasting. If you have a mortgage with Wells Fargo or are thinking about obtaining…

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Can a Bank Cancel a Mortgage? When it comes to mortgages, many homeowners may wonder if a bank has the power to cancel their mortgage. While the idea of having your mortgage debt wiped clean may sound appealing, the reality is a bit more complicated. In this blog post, we will explore the question: “Can…

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Difference between Mortgage And Rent Many people aspire to own their own homes, but the decision of whether to rent or buy is an important one. It’s crucial to understand the differences between a mortgage and rent before making this financial commitment. Definition Mortgage Rent A mortgage is a loan obtained to purchase a property,…

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