Home Purchase Loan

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Asked by Gina
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
It's all about a cost/benefit analysis for your particular loan, rather than a "refi if your rate drops by 1%" or other general "rule of thumb". It may not pay to ref...
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Asked by Kathleen
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
Having liquid (cash or cash equivalent) funds available after closing is always preferable to tying up your funds in the new home. If the water heater breaks, the AC ...
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Asked by Martha
Answered by Kim Miller, CFP®PRO+ in Redmond, WA
Good question. You may actually gain tax benefits by renting out a home. You can deduct some of the same expenses on a rental property as you do now: property taxes...
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Asked by Erin
Answered by James Talbot, Mortgage Broker in Metairie, LA
Erin, Yes, thankfully they are. There was a time just after the market meltdown when they weren’t but eventually the market eased up and started allowing them agai...
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