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If you are considering buying your first home, or your fifth, there is always some uncertainty surrounding the mortgage process. This will provide you with information that you can take to get prepared and feel confident in your home buying decision.
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Don’t Wait! Move Up to the Home You Always Wanted

Don’t Wait! Move Up to the Home You Always Wanted | Home Loans | Scoop.it
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Kathy Rester Fisher's curator insight, October 14, 2014 9:53 PM

Great little table to let you know just what your options may be.

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Did You Know?

Did You Know? | Home Loans | Scoop.it
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So, not only are low down payment options real, they represent a significant portion of today's purchases.

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Mortgage Approval Process

Mortgage Approval ProcessWhether you’re a First-Time Home Buyer or seasoned investor, the mortgage approval process can be a slightly overwhelming adventure without a proper road map and good team in your corner.Updated program guidelines, mortgage
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Whether you’re a First-Time Home Buyer or seasoned investor, the mortgage approval process can be a slightly overwhelming adventure without a proper road map and good team in your corner. This will give you an outline of the important components involved in getting qualified for a new mortgage loan.

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74 Thoughts Everyone Has When Buying Their First Home

74 Thoughts Everyone Has When Buying Their First Home | Home Loans | Scoop.it
All thoughts/panics/fears are totally normal. Buying a home is the biggest of deals. Start your search today with Coldwell Banker !
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In today’s market place, there are many pit falls to buying a house. In order to ensure that you have a positive experience, it is imperative that you work with a solid team of professionals. Buying a house should be fun. Finding the right people to work with will only ensure that the process is everything it should be!

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Interested in learning about what moves mortgage rates? This info graphic makes it pretty understandable.

Ever wonder what makes interest rates go up or down? Here are the six main factors that drive home loan rates.

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Smart Mortgage Shoppers Understand Mortgage Pricing

Smart Mortgage Shoppers Understand Mortgage Pricing | Home Loans | Scoop.it
Mortgage pricing is a complicated process.The first step for any borrower looking to obtain the best possible price is to learn how the pricing process works. Each Mortgage Type Is Priced SeparatelyA 30-year fixed-rate mortgage carries a different...
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How to pick a mortgage program infograph

How to pick a mortgage program infograph | Home Loans | Scoop.it

Helpful infographic helps today's home buyers to identify their most-suitable mortgage program. Choose from conventional mortgages, FHA mortgages, VA home loans, USDA loans and more.

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Mortgage application dos and don'ts

Mortgage application dos and don'ts | Home Loans | Scoop.it
The mortgage application maze is pockmarked with obstacles. Watch your Ps and Qs or you won't know the DOs and DON'Ts you should engage during the process.
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mortgage-solutions

mortgage-solutions | Home Loans | Scoop.it
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Understanding the Benefits and Risks of Buying Before Selling A Home
There are many who unfortunately think they have everything figured out when they are going to buy and sell a home at the same time. Many of these people think they can just add a home sale contingency clause to their contract and everything will be all set.

Find out all the considerations you need to think about when buying and selling a home...

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Top 10 Best Real Estate Apps for Investors

Top 10 Best Real Estate Apps for Investors | Home Loans | Scoop.it
Let's be "real" for a minute shall we? Real estate isn't easy.  No matter if you are flipping or holding…it can be downright hard.  Much of it may be SIMPLE. But it's not easy.  I've learned a lot over the years…some things I had to learn the hard way. ...

Via John M. Holland
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John M. Holland's curator insight, March 7, 2014 11:37 AM

Here’s the problem: There are THOUSANDS of apps to choose from and most are duds. If you have spent any time trying to load your mobile phone or tablet with apps then you already know what I mean. But after a TON of trial and error, plus real world field testing, the post's author has come up with the BEST apps for helping you save time (and make more on deals…BONUS!)  

 

 

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Why You Should Buy a Home During the Holidays

The holiday season is an opportune time to buy a house. Potential homeowners can benefit from a wide array of advantages that are unavailable during the warmer months.
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Another reason to consider buying now, is that new rules will come into effect next year that may make buying home a little more difficult.

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3 Steps to an Easy Mortgage Approval

3 Steps to an Easy Mortgage Approval | Home Loans | Scoop.it
Risky practices consigned to the past, mortgage lenders are now returning to applying the same standards that your pa...
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Trulia’s Housing Predictions: How 2014 Will be Different

The housing market continued its uneven recovery in 2013 and will enter 2014 closer to normal than it was a year earlier. Consumer optimism is climbing back:...
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#Home buyers in 2014 might kick themselves for not buying in 2013 or 2012, when #mortgage rates and prices were lower, but they’ll take some comfort in the fact that the process won’t be as frenzied.

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3 Types of Lending Approvals [Infographic]

3 Types of Lending Approvals [Infographic] | Home Loans | Scoop.it
What's the difference between pre-qualification and pre-approval? Find everything you need to know about 3 types of lending approvals in this infographic!
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John M. Holland's curator insight, August 23, 2014 4:51 AM
What's the difference between pre-qualification and pre-approval? Find everything you need to know about 3 types of lending approvals in this infographic!
Jennifer Dean-Realtor's curator insight, August 27, 2014 3:52 PM

"so what's the difference between a pre-qual and a pre-approval?" Find the answers here!!

 

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How can you beat an all-cash offer?

How can you beat an all-cash offer? | Home Loans | Scoop.it
This year has been a competitive one for many home buyers. Many buyers face competing bids and often folks will lose to the seemingly unbeatable “cash offer”, sometimes on multiple occasions. Losing multiple times to cash buyers is disheartening and will
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Homeownership among Americans younger than 35 fell to a record low as student debt notched a new high.

Homeownership among Americans younger than 35 fell to a record low as student debt notched a new high. | Home Loans | Scoop.it
Homeownership among Americans younger than 35 fell to a record low this year, just as indebtedness among college grads notched a new high, stirring debate about whether the two are related.
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'Boomerang' Buyers Flying Back [INFOGRAPHIC]

'Boomerang' Buyers Flying Back [INFOGRAPHIC] | Home Loans | Scoop.it
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Ever heard the term Boomerang Buyer? Boomerang buyers may boost real estate market in coming years. The term "boomerang buyer" is a relatively new one in housing . It describes home buyers who lost their homes to bankruptcy, short sale or foreclosure as a result of last decade's housing market downturn and recession; and who now want to re-enter the ranks of homeownership. 

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Still Saving for a Down Payment?

Still Saving for a Down Payment? | Home Loans | Scoop.it
They only have half of the down payment. The Smiths are looking for a nice home in a nice location with good schools for their kids, a livable community,
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Equity investment program can help you buy that house

 

This HomeBuyer program provides up to half of the down payment and will share in the profit or loss on the home when you sell.

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Why do credit scores matter for mortgage applications?

Why do credit scores matter for mortgage applications? | Home Loans | Scoop.it
The interest rates mortgage lenders offer are based off a consumer's credit scores (risk-based pricing). Credit scores are the lender's indicator of risk of a borrower defaulting on repayment of debt.
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The most interesting information in this article explains how credit is evaluated differently by different lenders. Lender overlays are expanded guidelines for credit minimums on top of what Freddie Mac, Fannie Mae, the VA or FHA would normally approve.
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Infographic: History of Mortgage Rates

Infographic: History of Mortgage Rates | Home Loans | Scoop.it
Since 1971, when mortgage rates first started being tracked, they have ranged from a high of 18.63 percent in the early 80's to a low of 3.20 percent in late
Liz Maldonado's insight:

“After dropping to all-time lows at the end of 2012, rates have steadily rebounded throughout 2013. Now that the Federal Reserve has announced plans to begin winding down its stimulus program we expect rates will rise above 5 percent in 2014. Although those who missed out on mortgages in the 3 percent range may be disappointed that they missed that historic window, rates are still extraordinarily low by historic standards."

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This is one of the better diagrams I've seen showing the multitude of steps involved in buying a home.

This is one of the better diagrams I've seen showing the multitude of steps involved in buying a home. | Home Loans | Scoop.it
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What else would you include? The larger version of the diagram can be found here: http://www.pinterest.com/pin/474496510711463958/

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5 Traits to Look for in Your Agent

5 Traits to Look for in Your Agent | Home Loans | Scoop.it
In this internet era, we’ve gotten to a place where we require all of our information in bite-sized, white-and-charcoal grey pieces. But when it comes to cre...
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Picking a real estate agent is a business and a relationship challenge – one which has a potentially massive impact on your finances and future enjoyment of the place you and your family live. If you take that seriously, here are a handful of characteristics I recommend you look for as you evaluate prospective agents.

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Housing Predictions: How 2014 Will Be Different

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Barring any economic crises, the housing market should continue to normalize throughout 2014, but change is on the horizon. Here are five ways that the 2014 housing market will be different from 2013.

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Cost-Waiting-blog.jpg (1000x680 pixels)

Cost-Waiting-blog.jpg (1000x680 pixels) | Home Loans | Scoop.it
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When buying a home all costs must be considered, not just price/rate.

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Sellers Beware! How to Lose a Buyer in 10 Ways | Prudential Preferred Realty

Sellers Beware! How to Lose a Buyer in 10 Ways | Prudential Preferred Realty | Home Loans | Scoop.it
In today’s real estate market, often times, the seller has an instant edge over the buyer. Let’s face it; in many areas, home prices are rising at an astronomical rate. Frankly, today&rsqu
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most realtors know this but thought it good reminder and the title made me chuckle.

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