Tag Archive: Loan Types

Is a Home Equity Loan the Same as a Second Mortgage?
Being able to buy your own home is a big part of the American dream. Owning a home gives you the ability to accumulate equity, which can then be used to take out a second mortgage or home equity loan. But is there a real difference between a second mortgage and a home equity loan? The short answer is yes, there can be.
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Cash-Out Refinance vs. Home Equity Loan
If you’re looking to reach financial goals or renovate your home, you may be considering a cash-out refinance or home equity loan. Both of these options allow you to use the equity you have accumulated in your home as collateral and borrow against it. But what is the difference between a cash-out refinance and a… View Article
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A 4-Step Guide to the VA Loan Process
If you’re looking for information about the Veterans Affairs (VA) loan process or need advice on where to start (hint: it’s not with house-hunting), you’ve come to the right place.
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Veterans Affairs (VA) Loan Requirements & Certificate of Eligibility (COE) Information
If you meet the Veterans Affairs (VA) loan requirements, the agency provides a home loan “guaranty” for servicemembers, military Veterans, and eligible surviving spouses to help purchase a home.
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What Is a Jumbo Loan?
If you are looking to finance a home or property that exceeds Conventional loan limits, you should consider a Jumbo loan. But what is a “Jumbo loan” exactly?
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What is the Difference Between FHA and Conventional Home Loans?
Unsure about the difference between FHA and Conventional home loans? Want to know which lending program is right for you? We look at Conventional loans vs. FHA loans to review pros and cons of each.
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The Do’s and Don’ts of Closing
Stop what you are doing! Find out what you should or shouldn’t be doing before the closing and funding of your loan. It could make all the difference in the closing of your loan.
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