Why You Should Look Into A Second Home Mortgage

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Are you getting offers in the mail to get a second mortgage on your home, but you keep throwing them away? You may want to consider holding onto those letters, since a second mortgage may be useful. Here are a few reasons why you’ll want to get a second mortgage on your home. For Making Home Improvements You may love your home’s location, but really want to make some major modifications to it.…

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Friend In Jail? Know How You Can Help

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Has your friend decided to contact you from jail to get them out of a tricky situation? If so, you may quickly become familiar with bail bonds. Here is what you need to know about getting your friend out of jail before their court date. Your Responsibilities Your first step will be to locate a local bail bondsman. It is common to find their offices near the local jail, but they are also easy to find by searching online.…

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3 Tips for Qualifying for a Jumbo Loan

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If the amount of your mortgage loan exceeds $424,100 ($625,500 in highly competitive real estate markets), it will be classified as a jumbo loan and subjected to stricter approval and underwriting requirements. This is because these loans exceed the maximum limit for loans that you may purchase from lenders, requiring banks to take all the risk of financing them. If you find you’re getting approved for a jumbo loan, here are three things that may help.…

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