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Loan Insights > 2024

Year: 2024

9 Dec, 2024 Two professional women discussing financial data on a tablet in an office setting, representing financial planning and consulting.

How to Get Rid of PMI: Strategies to Remove or Avoid Mortgage Insurance

Private mortgage insurance (PMI) can add hundreds—or even thousands—of dollars to your annual housing costs. The good news? You’re not stuck with it […]

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6 Dec, 2024 A magnifying glass focusing on a credit score of 780 on a credit report, symbolizing creditworthiness for loans and mortgages.

What Credit Score Do You Need to Buy a House?

When you’re preparing to buy a home, one of the first questions to ask is: what credit score do you need to buy […]

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4 Dec, 2024 A couple reviewing financial documents at a table, calculating the costs of owning a home. hidden homeownership costs

The Hidden Costs of Homeownership: What You Need to Know Before You Buy

Buying a home is a major milestone, but many buyers focus only on the monthly mortgage payment. In reality, the cost of owning […]

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2 Dec, 2024 A close-up of a 1040 tax form with a gold fountain pen and calculator, symbolizing tax preparation and deductions.

The Tax Benefits of Owning a Home: What Every Homeowner Should Know

Owning a home comes with more than just personal and financial stability—it can also unlock valuable tax advantages. If you’re a homeowner or […]

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29 Nov, 2024 A four-way comparison of condos, houses, townhomes, and apartments, helping buyers choose the best property type.

Condo vs Townhouse: Plus PUDs and Twinhomes Explained for Homebuyers

If you’re exploring housing options, one of the first comparisons you’ll make is condo vs townhouse. These property types may look similar, but […]

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27 Nov, 2024 A torn piece of brown paper revealing the words

What Is PMI? A Beginner’s Guide to Private Mortgage Insurance

If you’re buying a home with less than 20% down, there’s a good chance you’ll encounter something called PMI, or private mortgage insurance. […]

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25 Nov, 2024 A model house, coins, and a calculator on a financial document, representing mortgage planning and homeownership costs.

Understanding Escrows: What They Are, How They Protect You, and Their Role in Homeownership

When you’re buying a home or making monthly mortgage payments, you’ll often deal with something called an escrow account. But what is an […]

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22 Nov, 2024 A burlap sack labeled

How Does Mortgage Interest Work? Understanding Rates, Costs, and Savings

Whether you’re buying your first home or refinancing, mortgage interest can feel like a mystery. You know it adds cost — but how […]

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20 Nov, 2024 A real estate contract on a table with a house model, pen, and keys, symbolizing the final steps of purchasing a home.

What Is a Conventional Loan? A Beginner’s Guide to Flexible Financing

If you’re exploring mortgage options, you’ve likely heard the term conventional loan. But what exactly is it, and how does it compare to […]

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18 Nov, 2024 A beautiful rural house with a

What Is a USDA Loan? A Beginner’s Guide to Rural Homeownership

Buying a home in a rural area doesn’t mean you need a large down payment or perfect credit. In fact, some buyers may […]

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