by Linda | Apr 9, 2023 | Home Loan Basics, Notary Services
Construction loans are a type of short-term loan that is designed to finance the cost of building a new home or remodeling an existing one. The purpose of a construction loan is to provide the funds necessary to complete the construction project and make the property...
by Linda | Apr 3, 2023 | Home Loan Basics, Notary Services
An adjustable-rate mortgage (ARM) is a type of home loan where the interest rate changes periodically over the life of the loan. This type of mortgage loan is different from a fixed-rate mortgage, where the interest rate stays the same throughout the life of the loan....
by Linda | Mar 20, 2023 | Home Loan Basics, Notary Services
USDA (United States Department of Agriculture) rural development loans are a type of government-backed home loan designed to help low- and moderate-income families purchase a home in rural areas. These loans offer many benefits to borrowers, including low interest...
by Linda | Mar 13, 2023 | Home Loan Basics, Notary Services
VA (Department of Veterans Affairs) mortgage loans are a type of government-backed home loan designed specifically for veterans, active military personnel, and their surviving spouses. These loans offer many benefits to those who have served in the military, and they...
by Linda | Feb 26, 2023 | Notary Services
A conventional mortgage is a type of home loan that is not backed by a government agency. It is often referred to as a “conventional loan.” This type of loan is one of the most popular types of mortgages and is available to many people who are looking to...
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