Latest blog posts about Tools And Guides

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  Tools And Guides End-of-year project list for your home before the New Year

  The rule of thumb is to budget 1-3% of the home’s purchase price per year for maintenance and repairs, depending on the age of the house.

  

  Alysse Guitar, Director of Growth  article author

  December 19, 2019
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  Tools And Guides How does a second mortgage work?

  Most homeowners pay for their homes by taking out a mortgage, which they repay by making payments over time. Loan payments that are made toward the mortgage principal build up equity in your home, increasing the percentage of the home that you actually own.

  

  Barron Ernst, Head of Product  article author

  December 18, 2019
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  Tools And Guides What is private mortgage insurance?

  Like other types of mortgage insurance, private mortgage insurance (PMI) protects the lender in the event the borrower stops making payments on the loan.

  

  Hannah Friedman, Sr. Content Manager  article author

  November 12, 2019
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  Tools And Guides How long does mortgage underwriting take?

  The mortgage underwriting process can be complicated for first-time home buyers. Knowing more about underwriting can help make the home purchase process easier and less mysterious. Here's what you need to know.

  

  Hannah Friedman, Sr. Content Manager  article author

  November 7, 2019
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  Tools And Guides What is mortgage hazard insurance?

  If you're a first-time homebuyer and the mortgage process is new to you, you probably are not familiar with the term "mortgage hazard insurance."

  

  Hannah Friedman, Sr. Content Manager  article author

  November 4, 2019
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  Debt What is APR and How Does It Affect Your Wallet?

  Annual Percentage Rate (APR) tells you how much a loan costs. Lenders quote APR as a percentage of the total amount you borrow, and that number gives you a rough idea of how much you’ll pay per year to borrow. If your loan has an APR of 10%, you’ll pay roughly $10 annually for every $100 you borrow.

  

  Hannah Friedman, Sr. Content Manager  article author

  October 23, 2019
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  Tools And Guides 7 tips to lower your debt and fix your finances

  If you're looking to turn your debt into a benefit, not a detriment, here are 7 tips to lower your debt and fix your finances.

  

  Nicole Beaulieu, CTO  article author

  October 8, 2019