Ellingson Properties

Tag: Home Financing

Posted on 10/15/2023
Getting preapproved for a mortgage: How buyers benefit
Getting preapproved for a mortgage is an important part of...
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Posted on 06/04/2023
Options to help you buy a house with bad credit
While getting approved for a mortgage does require a good...
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Posted on 09/18/2022
Unconventional homes: How to fund a mobile, modulary or manufactured home purchase
Homes come in a variety of sizes, shapes, types and mobility options. And, while mortgages or saved monies are required to purchase all types of homes, it’s always a good idea to know what’s required for your specific home transactions. What better place to start than identifying the type of home you’re searching for? For those searching for...
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Posted on 07/17/2022
Pros & cons of no-closing-cost refinancing
Refinancing your home can have a plethora of benefits. Among lowering your monthly payment, refinancing your home can also allow you to borrow against your home’s equity. However, refinancing in the beginning can have significant closing costs, such as application fees, loan origination fees, mortgage insurance and interest - especially when involving mortgage points. Your new mortgage’s closing...
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Posted on 05/22/2022
The pros and cons of mortgage points
When buying a home, many homebuyers tend to search for the best mortgage interest rates available. While some may find that perfect rate, others may opt to take advantage of lender-provided options, such as mortgage points. Mortgage points are designed to help buyers bring down their interest rates by paying them ahead of time. Sometimes considered “discount points,”...
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