The ABC’s of buying a home. » Mortgage Masters Group

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Mortgage Masters Group Branch NMLS ID# 373290 If you’re planning to buy your next home, your first home, that dream home, a condo, vacation home, investment property or looking to refinance in Florida or the surrounding areas, you will find that we are a complete resource with insider secrets that will allow you to choose the loan program best suited to your financial needs.

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Start studying FIN 200. Learn vocabulary, terms, and more with flashcards, games, and other study tools.. A newly married couple is having trouble affording a home. What type of mortgage arrangement would reduce the monthly payment as a result of an interest rate subsidy from a builder or real estate developer?. Lincoln Masters received.

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Fixed-Rate Mortgage. Perhaps the easiest to budget for, the FRM (fixed-rate mortgage) plan gives borrowers predictable interest rates, APR, and monthly payments for the entire duration of the loan.Bank of America features different loan terms for FRMs including the most popular ones: 15, 20, and 30-year FRMs.

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Indiana Mortgage and Home Loan Company. At Mortgage Masters we’re truly passionate about your Evansville and Bloomington Indiana Mortgage and home loan, reverse mortgages and refinancing, and the result is that nearly 100% of our business is by referral from satisfied clients and the most experienced realtors.

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For all of the flack that millennials get, you’re also in a uniquely precarious position when it comes to being first-time home buyers. So in order to address those unique challenges that you’ll face when buying your first home, we invite you to keep these important tips in mind, so that the admittedly convoluted process of buying a house is made simpler for you!