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19.99% Down Payment

How a 19.99% Down Payment Could Be Better than 20%

Down Payment Most everyone has heard at some point that if you’re buying a home, you should put 20% down.…

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how to get your offers accepted

How to Get Your Offer Accepted

So you put in an offer on a home The market is extremely hot right now, with lots of potential…

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Mortgage Rates

How Are Mortgage Rates Determined?

First, What is a rate? When we say “Rate,” what we actually mean is “Interest Rate.” Simply, this is the cost…

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Loan Options from Modern Home Lending

What Loan programs do we offer? Loan programs are always changing. However, most of the core loan programs stay the…

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loan process

Loan Process Overview

1 – Application (before shopping) The first step of the loan process is to help you get pre-qualified. The application…

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FHA 203k Loans

FHA vs Conventional Loans – What’s the Difference?

FHA vs Conventional Loans – What’s the Difference? This feels like the age old question in the mortgage industry especially…

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Difference between APR and Interest Rates

The Difference Between APR & Interest Rate

The Difference between APR and Interest Rate Interest rate is the monthly rate that you pay on your remaining balance…

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HomeReady® and HomePossible®

HomeReady® and HomePossible®

What is HomeReady® and HomePossible®? HomeReady® and HomePossible® are two versions of conventional mortgage programs. Both programs aim to serve…

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Rate Lock Explained

10 Rate Lock Questions Explained What is a rate lock? A rate lock occurs at some point during the loan…

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Facts About Property Taxes in AZ

When are Taxes Due in Arizona? And When are they Paid? Property taxes in Arizona are due twice a year…

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