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April 10, 2007

Loving Your Home Loan

Here's the final lesson for how to get a home loan you love.  We started off in lesson one by compiling a neat credit and income package in a pdf format.  In lesson two, we talked about how to get some names of pretty good loan originators for you to interview.  In the third lesson, I instructed you about the seven questions to ask in the phone interview.

You should be down to 2-3 people with whom you are comfortable.  You probably have a favorite at this point but you need to see who is going to give you a fair loan. 

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Conforming 30 year fixed rates are slightly improved from last week (by the time this is posted, rates may have increased); adjustable rate mortgages and non-conforming are unchanged. This is mainly due to the Producer Price Index Report (PPI) coming [Read More]

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