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Mortgage interest deduction: What it is and what qualifies
Bankrate via AOL· 3 months agoKey takeaways The IRS may let you deduct interest paid on your mortgage on your federal income tax...
What is a mortgagee clause?
Bankrate via AOL· 3 months agoKey takeaways Many mortgage lenders require borrowers to have a homeowners insurance policy with a mortgagee clause. The mortgagee clause is a provision...
In debate over mortgage ‘junk’ fees, lenders and regulators disagree
Bankrate via AOL· 2 months agoWhat to know The federal government is taking a closer look at mortgage fees, including discount...
Bank of America is testing no-down-payment mortgages for minority communities — here's how to still...
MoneyWise via Yahoo Finance· 2 years agoThe biggest obstacle for many first-time homebuyers is coming up with the cash for a down payment....
FHA loans: Definition, requirements and limits
Bankrate via AOL· 2 months agoKey takeaways An FHA loan is a type of mortgage geared toward borrowers with lower credit scores or who otherwise don't qualify for a conventional loan....
Escrow accounts are common among mortgage lenders. Here’s how they work
Fortune via Yahoo Finance· 2 years agoMore than 85% of American homebuyers finance their purchase with a mortgage. In most cases, the...
HFA loans: Everything you need to know
Bankrate via AOL· 2 months agoKey takeaways HFA loans are mortgages available solely through state housing finance agencies. Geared toward first-time and low- to moderate-income...
Ginnie Mae revises definition of high-balance loans in new guidance
HousingWire via Yahoo Finance· 6 months agoGovernment-owned corporation Ginnie Mae announced on Wednesday that it has revised its definition...
How to read a homeowners insurance policy
Bankrate via Yahoo Finance· 3 months agoKey takeaways Your home insurance policy includes a declarations page and the policy jacket. Understanding replacement cost versus actual cash value can...
Additional interest vs. additional insured
Bankrate via AOL· 4 months agoPortions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our...
