Real Estate Blog
Clear, practical guides to the ideas behind the definitions.
9 mortgages guides, newest first.
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Conventional Loan vs FHA Loan: What Is the Difference? A conventional loan is a mortgage that is not insured or guaranteed by a government agency. An FHA loan is insured by the Federal Housing Administration,…
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The Ins and Outs of Private Mortgage Insurance (PMI) Private mortgage insurance protects the lender on low-down-payment conventional loans. Learn how PMI works, what it costs, and how it can be canceled.
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Legal and Financial Tips for Smoother Real Estate Transactions Understand contracts, financing, risk, taxes, and negotiation to protect your money in a real estate deal. Here are practical, straightforward tips.
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How Mortgage Pre-Approval Works and What Lenders Review Mortgage pre-approval is a lender's conditional estimate based on verified credit, income, debts, and assets. Learn how it works and what lenders review.
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Understanding Mortgages, Down Payments, and Closing Costs A mortgage is a home loan repaid over a set term with interest. Learn how mortgages, down payments, and closing costs of about 2 to 5 percent work together.
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The First-Time Home Buying Process: A Step-by-Step Guide Buying your first home follows a clear path: check your budget, get pre-approved, shop, inspect, and close. Here is each step explained for first-timers.