A few days ago, a first time home buyer asked me, 'How many insurance policies do we have'? It really is a bit confusing when you start looking at the additional monthly costs of obtaining a loan. There are two insurance policies you need when ...
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The mortgage lending landscape changes a lot. Rates and guidelines are in constant flux, and it creates preparedness challenges for buyers in Indianapolis that aren't paying in cash. The loan you get today won't always be the loan you ...
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Earlier this year -- and for the first time in its history -- the FHA changed its funding fees and mortgage insurance structure. Effective October 1, 2008, it's repealing those changes. Partly to keep FHA home loans affordable, and partly to ...
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