MortgageArticles.aspx
Mortgage Articles How much should I put down How does home equity work What is the difference between a home equity loan and a home equity line of credit Somerset Investors Corp makes it ea
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NewHomeLoan.aspx
New Home Financing Somerset Investors Corp can find you the perfect loan and start your home purchase off right With hundreds of loan programs available we ll help you match your needs with a lo
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FHADownpaymentGifts.htm
Using Downpayment Gifts For Your FHA Loan Unlike with most other conventional loans the Federal Housing Authority FHA allows borrowers to pay some or all of their down payment with gift
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FindTheRightLoanProgram.htm
Find The Right Home Loan Program Whether it s to purchase a new home or refinance your current home there are an assortment of loan programs you have to chose from based on a combination
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LoanPrograms.aspx
Loan Programs Divorce Buyout In most cases Somerset has been able to provide lower payments for the spouse remaining while givinglarge cash outs to the other Our Divorce Buyout Loan Specialists
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CostsOfFHAMortgageInsurance.htm
Costs of FHA Mortgage Insurance The Federal Housing Authority s home buying programs require that a mortgage insurance premium MIP of 1 5 of the amount of the loan be paid upon closing
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QualificationsChecklist.htm
Qualifications Checklist for Home Loans This section gives you a better understanding of what information our Loan Specialist use to determine your ability to qualify for a loan Using the Affo
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FinancingCostsAndFees.htm
Mortgage Financing Costs amp Fees The following is an overview of the fees and other costs associated with getting a home mortgage
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UnderstandingConventionalLoans.htm
How Conventional Loans Work A conventional loan is essentially any type of lender agreement that is not fully protected by the FHA the Federal Housing Administration or fully backed by t
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UnderstandingFHAMortgages.htm
How FHA Works The Federal Housing Administration FHA does not directly make loans to borrowers but rather provides insurance on loans made by approved lenders FHA insured mortgages can
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