Month: October 2012

The Importance of Preapproval

In today’s housing market, a letter of preapproval from your mortgage loan officer is very important when shopping for your new home. Many sellers and seller’s agents will only take [...]
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The 20% Rule for Down Payments

A good down payment can save you money in the long run. The traditional rule of thumb has been 20% down on a house. Putting at least 20% down can [...]
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