There are a lot of costs associated with getting a government-backed home loan. The down payment and closing costs can add up to tens of thousands of dollars. But there’s one cost you need to prepare for, the upfront mortgage insurance premium (UFMIP). This article will look at what upfront …
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If you’re shopping for a mortgage, you have probably heard the term loan estimate. This article takes a look at loan estimates, what they are, and how to use them to negotiate better terms on your mortgage. Get Pre-Approved & Check Today’s Rates What is a Loan Estimate? A loan …
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Many people are confused about the differences and similarities between marijuana and CBD. This is only natural considering that CBD has only grown in popularity in recent years. Fortunately, there is a great deal of information available to help you to understand the difference. Once you do you will see …
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Dear Moneyist, Unfortunately, we are one of the families who only got a $ 200 stimulus payment. We have a family of five that we provide for, but because one of our kids would have owed around $ 800 in federal taxes and would benefit more from us not claiming …
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Don’t start a concrete project until you know the difference between cement and concrete mix. People often say ‘cement’ and ‘concrete’ interchangeably, but these words have different meanings. Here’s what you should know about cement vs. concrete. Cement is just one ingredient in concrete mix. (DepositPhotos) What is Cement? First, …
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With COVID-19 fears spreading as fast as the virus itself, businesses have shut down and a record number of Americans have either lost their jobs or taken dramatic pay cuts. That’s led to many American homeowners looking to see whether the CARES Act, the government-backed stimulus package, can help them …
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If you’ve experienced a temporary setback — like unemployment, a job furlough, a divorce, the death of a household provider, illness or disability, or a natural disaster like a tornado or hurricane — and you’re unable to make your monthly mortgage payments for a short time, don’t panic. While many …
Read More »If you’re thinking of building — rather than buying — your dream house, good for you! However, consider that instead of financing construction with a traditional mortgage, you’ll likely need a construction loan. This article helps explain what a construction loan is, construction loan timelines, how these types of loans …
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