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Tag: mortgage 101

What to Expect During the Appraisal Process

The appraisal process is an important part in securing the house you want to make a home. While the perfect house is priceless to you, it’s important for your lender to make sure that the fair market value of the property is in line with your mortgage value. Who is

Mortgage Interest Rate Basics

What Is an Interest Rate? Whenever you are borrowing money from a lender, there will always be interest that is tagged onto your monthly principal payments. So… what is an interest rate anyway? Essentially it is a fee for the use of a lender’s assets. This rate itself varies based