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Mortgage Information
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While you may have some idea of how large a monthly payment or a purchase price you could afford, it's always good to obtain loan pre-qualification or, even better, loan pre-approval. This way you know exactly how much a financial institution would be willing to lend you and how much cash you will need for a down payment. This approach will also enable you to know, in advance, what price ranges of homes are available to you and will
give you notice of any unforeseen lending issues which may require your attention prior to submitting your offer to purchase. It will further strengthen your negotiating position when the seller realizes you are, indeed a serious buyer, prepared to follow through on the purchase of their home.
Mortgage Topics
| 30 yr Fixed | 30 yr FHA | 7/1 ARM |
| 20 yr Fixed | 10 yr Fixed | 5/1 ARM |
| 15 yr Fixed | 10/1 ARM | 3/1 ARM |
Finding Your Next Home
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