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7 Downpayment Sources

There is a misconception out there that you must have a 20% downpayment when buying a house. This just isn’t true! Granted, if you have 20%, your terms and interest rate will be will be more appealing, but there are plenty of options out there if you can come up...

15-Year Mortgages Gaining in Popularity

Freddie Mac reports that more borrowers who refinance today are opting to switch from a 30-year fixed mortgage to a fixed-rate loan with a term of only 15 or 20 years. The trend, which is at a level not seen since 2004, partially is the result of a shift in attitudes...

The Trouble With Condo Financing

Over the last few years I’ve lost or scared off several clients who “just wanted to buy a little condo in town” but didn’t realize the complications they would run into along the way. So I decided to write this little post to explain the...