In this post, we’ll review the terms and eligibility requirements for the Freddie Mac cash-out refinance loan in order to help borrowers determine whether this is a good option for their individual needs.
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The Freddie Mac HomePossible Mortgage combines flexible credit score requirements with an incredibly low down payment requirement of just 3%.
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Fannie Mae and Freddie Mac are two names that are constantly thrown around in the world of home finance, but what are they, really?
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In part one of our “Different Types of Mortgages” series, we talked about fixed and adjustable rate mortgages. The next important consideration when looking at your mortgage options is whether to go for a government-insured home loan, or a conventional one.
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Choosing the mortgage that’s right for you can be really confusing and complicated, especially if you’re one of many buyers who has a lot of options to choose between. Do you go with the 30-year conventional or the 30-year FHA? What’s this USDA thing all about? This blog should help fill in what you need to know about the different types of mortgages.
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