Category: Mortgage

How Do I Know If I Have an Assumable Mortgage? Buying a home is an exciting experience, but it can also be overwhelming, especially when it comes to understanding mortgage terms and conditions. One such term you may come across is “assumable mortgage.” In this article, we will explore what an assumable mortgage is and…

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Are Car Loans Amortized Like Mortgages? Car loans and mortgages are two common types of loans people take out in order to finance their purchases. While both loans involve borrowing money, there are some key differences when it comes to how car loans and mortgages are amortized. In this article, we will explore those differences…

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What’s the Difference between Rent and Mortgage? As an aspiring homeowner or someone considering renting a property, it is crucial to understand the fundamental difference between rent and mortgage. Let’s delve into the key distinctions between these two terms. Rent: An Overview Rent is the amount of money paid by a tenant to a landlord…

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5 Tips for a Home Mortgage Loan Approval Purchasing a home is an exciting milestone, but securing a mortgage loan can sometimes feel overwhelming. Whether you’re a first-time buyer or a seasoned homeowner, it’s essential to navigate the mortgage approval process with confidence. In this blog post, we’ll discuss five valuable tips to help increase…

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Odds of Getting a Mortgage After Pre Approval Are you one of the many hopeful homebuyers looking to secure a mortgage? Getting pre-approved for a mortgage is a great way to increase your chances of obtaining one. Pre-approval essentially means that a lender has reviewed your financial information and determined that you are eligible for…

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Best Mortgage Companies in NY If you’re thinking about buying a home in New York, finding the right mortgage company is crucial to ensuring a smooth and stress-free borrowing process. With so many options available, it can be overwhelming to determine which mortgage company is the best fit for your needs. Factors to Consider When…

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Dwight Mortgage Trust: Your Trusted Partner in Home Financing | Michael Olson Welcome to Dwight Mortgage Trust, where we believe that owning a home should be a dream accessible to everyone. We understand that navigating the complex world of mortgages can be overwhelming, which is why we are here to guide you through the process…

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How Much Goes to Principal on a Mortgage Buying a home is an exciting and significant milestone in one’s life. Whether you are a first-time homebuyer or looking to upgrade your current property, understanding how your mortgage payment is divided between principal and interest is crucial. Let’s delve into this topic and gain some insights…

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How Does a Mortgage Broker Make Money? When it comes to purchasing a home, getting the right mortgage is essential. Many homebuyers turn to mortgage brokers to help them find the best loan options available. But have you ever wondered how mortgage brokers make money? Let’s take a closer look at the ways mortgage brokers…

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Best Mortgage Company for Self Employed Being self-employed comes with numerous benefits, such as the freedom to set your own hours and be your own boss. However, when it comes to applying for a mortgage, being self-employed can present some unique challenges. Traditional lenders often have strict criteria for self-employed individuals, making it difficult to…

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