Nancy Roberts Realty LLC

Tag: Mortgage

Posted on 12/11/2022
Important Details to Know About Veteran Mortgage Relief
The U.S. government has multiple options available for military veterans who may be facing foreclosure. Through the Department of Veterans Affairs, borrowers can get financial relief through means such as forbearance, deferment, refinancing and more. However, there are some crucial details to be aware of. Here are some of the most important things to know about current veteran...
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Posted on 06/05/2022
Getting preapproved for a mortgage: How it benefits you
Getting preapproved for a mortgage is an important part of the home buying process. While technically not required before you begin your home search, there are some key advantages to getting preapproval from a lender before you get too deep into the process. Here are some of the main reasons why to consider getting preapproved for a mortgage:...
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Posted on 07/26/2020
How is a Land Contract Different than an Mortgage?
Image by mohamed Hassan from Pixabay A land contract and a mortgage have a number of similarities. For example, you can use either option to purchase a home Both loans must be repaid on a monthly basis. Understanding the Differences A land contract is a legal agreement between a buyer and a seller. Rather than a traditional mortgage...
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Posted on 07/19/2020
Is a Balloon Mortgage Right for You?
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
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Posted on 03/29/2020
Should Opt to Pay Your Mortgage Off Early?
Image by Nattanan Kanchanaprat from Pixabay Owning a home can be an amazing experience. But interest from your mortgage accumulates over time, leaving you to seemingly pay an arm and a leg to finance your home. But while you may think that paying off your mortgage early is a great idea, that isn’t always the case. You May...
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Posted on 02/09/2020
Grow Your Portfolio with an Assumable Mortgage
Image by Tumisu from Pixabay It's easy to think that investing in real estate is an incredibly expensive venture. You may think you need thousands if not tens of thousands saved before you can even think about it. But there are ways to jumpstart your portfolio even if you're renting one of the cheapest apartments in your neighborhood....
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