loan options

Adjustable-Rate Mortgages (ARMs) – Basic Features Explained

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Adjustable-Rate Mortgages (ARMs

Adjustable-rate mortgages (ARMs) stand out as a distinct home loan option, offering a lower initial interest rate compared to fixed-rate mortgages. This initial rate, however, is not permanent and can fluctuate over time with market conditions. ARMs start with an introductory period where the interest rate remains constant, after which it adjusts at predetermined intervals. … Read more

How Much of A Home Loan Can I Get with A 650 Credit Score? – Know Your Limits

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Conventional Loan

The journey to homeownership is fraught with complexities, and among the myriad factors that influence this path, credit scores play a pivotal role. A credit score of 650 positions potential borrowers in a unique situation, balancing on the edge between what is considered fair and good credit. This article looks deeper into the implications of … Read more