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What to Know Before Getting Your First Mortgage You have saved up enough money for a down payment, and now you’re ready to get your first mortgage. However, there are a few things you should know before you fill out the first loan application.

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Large debt payments (like an auto loan or big student loans) will limit the size of the mortgage approval you can get. If possible, pay these loans off or, at the very least, avoid taking any new loan payments on. 2. Give your credit health a checkup. Before applying for a mortgage, obtain both your credit score and your credit history report.

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Mortgage Masters Group – 481 SW Port St Lucie Blvd, Ste A, Port Saint Lucie, Florida 34953 – Rated 5 based on 7 Reviews "MMG helped me and my family 2. Jump to Sections of this page A mortgage broker must always have their mortgage broker license placed with a mortgage broker business.

If he should die first. your boyfriend several reasonable alternatives, including setting up a bank account where you both invest in your relationship as a couple. Paying half the mortgage makes.

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If you’re getting a home loan in Singapore, then you have to know what SIBOR is. It doesn’t matter which bank you get your home loan from or if you are looking for a fixed or floating rate. It’s important to know what SIBOR is because sooner or later, all home loan interest rates are affected by SIBOR.

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