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Understanding Your Mortgage Options: Fixed-Rate and Adjustable-Rate Mortgages

…rate: Fixed-rate mortgages generally have higher interest rates initially compared to ARMs, which could affect your purchasing power and the overall cost of your home over time.   Adjustable-Rate Mortgages…

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Crafting Your Dream Home: A Guide to Construction and Renovation Financing

…a new property. Typically, construction loans have a term of one year, and upon completion of the home, the borrower must secure a permanent home loan. With a construction loan,…

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FAQs for First-Time Homebuyers: A Guide to Understanding the Purchase Process

…on factors such as location, property type, coverage amount, and provider. You can obtain insurance quotes from different companies or consult with an insurance agent for more accurate estimates. Oftentimes,…

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RL Kyker Joins First Home Mortgage to Lead New Branch Office in Carroll County, Maryland

…our new branch location, we’re confident that RL will lead his team to success thanks to his extensive experience, commitment to his clients, and dedication to the Carroll County community….

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Solving the Down Payment Puzzle: How Much Is Enough?

…payment is a critical component of the homebuying process, as it determines the initial financial commitment and impacts important factors like loan approval and interest rate. While a 20% down…

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