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VA cash-out refinance rates and guidelines for 2022
The VA cash-out refinance program
The VA cash-out refinance has exceptional benefits. It can help you access all the equity in your home. And veterans can use the VA cash-out refi even if their current mortgage is not a VA loan.
This…
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What is a mortgage? Basics for first-time home buyers
What is a mortgage?
A mortgage is a loan used to buy a home. Mortgages let you borrow a large amount of money — often hundreds of thousands of dollars — and pay it back at a low interest rate over a long time. The funds you borrow with a…
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Fannie Mae HomeReady mortgage: 2022 Guidelines
What is a HomeReady loan?
Several loan programs can help home buyers with a lower income and/or low down payment. One such program is the Fannie Mae HomeReady mortgage.
You could pay as little as 3% down on a HomeReady loan. That’s $6,000…
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