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Pros Of VA Loans
Here are a few benefits of VA loans,
Read MoreHow Freelancing Has Affected the Mortgage Industry
A decade or more ago, companies were employing individuals for the long term. However, that has changed; many individuals globally have started to work on their terms as freelancers. Freelancers are self-employed individuals—these individuals aren’t committed to a particular employer for the long term, and work with different employers for different periods of time. This also…
Read MoreWhy Are Investment Property Loans Particularly Important to Building Wealth in New York City?
If you ask the average joe what it means to be wealthy, chances are they’ll refer to having a ton of money. But did you know wealth doesn’t solely refer to the amount of cash a person has? A person’s wealth also includes any assets they own, like vehicles and real estate. This begs the question—how…
Read MoreHow Has the Demand for Refinancing Services in the US Evolved Over Time?
Did you know mortgage refinancing in the US reached an all-time high at the end of 2020? The sum of the principal and interest owed on mortgaged properties by December 2020 was approximately $933 billion! In contrast, the value of refinancing originations barely exceeded $100 billion in 2018. This begs the question—what factors caused the…
Read MoreKey Differences Between Recourse and Non-Recourse Home Loans
Picture this. You’re browsing real estate listings one day and come across the home of your dreams. It has everything you desire—state-of-the-art kitchen appliances, a lawn with automatic sprinklers, and stunning interior décor you can’t wait to show off on social media. You’ve got a bit of money saved for a down payment, so you…
Read MoreCash-out vs. Cash-in Refinancing: Which One’s Better?
Want to improve the terms on your current mortgage? Your best bet is to opt for mortgage refinancing! Refinancing services have soared in popularity recently and can help borrowers save as much as $2700 per year in mortgage payments, according to the Federal Home Loan Mortgage Corporation. Two of the most popular forms of refinancing are cash-out and…
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