How Does a 203K Loan Work? (Answered)

How Does a 203K Loan Work? (Answered)

  What is a 203K Loan? A 203K loan is a renovation mortgage that allows you to get a home mortgage and pay for anything from repairs to updates and additions with the same loan. There are two types of 203K loans: Limited 203K Loan and a Standard 203K Loan. Each...
Tips for Refinancing Your Mortgage

Tips for Refinancing Your Mortgage

Do you own a home and have ever thought about the possibilities of a lower interest rate? Refinancing your mortgage may be the perfect way to make your home loan work with your current situation and help you achieve your financial goals! Know the ins and outs of the...
5/1 ARM Explained

5/1 ARM Explained

  5/1 ARM home loan – 5 years same interest rate, then it adjusts each year after ARMs can have minimum and maximum interest rate amounts 5/1 ARM great for short-term purchases What is a 5/1 ARM? A 5/1 ARM (Adjustable Rate Mortgage) combines elements of a...
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