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Do Your Research Before You Make an Offer

Buying a home is an exciting time and it is easy to get wrapped up and forget about what you really need from your new house. While it may be possible to rescind your offer to buy a home, it is best to do as much research before putting in your offer to make sure you are comfortable purchasing...

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What Are FICO Scores and How Do They Work?

When you’re shopping around for a new mortgage, one term you can’t escape is FICO score. Every lender bases your mortgage-rate calculation at least in part on your FICO score, but how well do you understand what a FICO score is and how it works? What Is a FICO Score? A FICO score is a numerical...

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Five Reasons to Reduce Your Debt Today

Loans and credit card debt can be a necessity. They can help pay for college or buy a car, but they can also hurt you when it comes time to purchase a new home or refinance your current mortgage. The mortgage specialists of Bank of Internet USA present five ways that getting your debt under...

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Buying Your First Home

Buying your first home may seem challenging. While it can be fun to look through real estate sites searching for your dream home, the real work comes when it’s time to focus on your finances. To purchase a home, you need to determine your debt-to-income ratio and create a solid budget. Bank of...

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How to Know When to Refinance Your Mortgage

Refinancing your mortgage can be a smart move that lets you access the equity you have built up in your home, reduce your monthly loan payments, or take advantage of a better interest rate to improve your cash flow. When you first purchased your home, you may have been so excited to move into...

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