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Q
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Can I purchase or refinance a home with no money down? |
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A
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Yes, we have zero down purchase programs. Most often they require a good credit history along with 2 years on job to qualify. Refinances can be done at no cost or costs built into the new loan. |
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Q
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Do I qualify for a mortgage? |
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A
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Start by filling out our web application or pre-qualify form allowing us to look at your particular situation and determine what would be available to you. |
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Q
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What can I do to improve my chances of qualifying for home ownership? |
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A
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Maintain three good trade lines for a minimum of one year with no payments more than thirty days late. These can include car loans, credit cards, student loans or finance company loans. Never use more credit than you can afford to pay. Don't use more than half of your available credit on credit cards (better yet pay them off each month). Keep things out of collections and maintain good job history. |
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Q
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What are closing costs and what all do they cover? |
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A
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Our closing costs average around $1000 but can be negotiated. They cover Appraisal, Title insurance, Closing, Recording, Flood Check and Courier Fees. |
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