Category: Intro to Mortgages

improve credit score mortgage
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Improving Your Credit Score for Mortgages

What are some of the most effective ways to improve your credit score for mortgages? Discover some strategies to boost your credit score. Whether you are a first-time homebuyer, or a seasoned property owner, one of the most important aspects of getting approved for a mortgage is having an impeccable credit score. A good score...

first-time homebuyers
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Essential Guide for First-Time Homebuyers

Deciding to purchase your first home is a significant milestone, and it can pave the way to a more stable and successful financial future for you and your family. However, if you are a first-time homebuyer, you probably have a lot of questions and uncertainties that might be slowing you down in making the final...

VA Loan Eligibility in New York: A Comprehensive Guide
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VA Loan Eligibility in New York: A Comprehensive Guide

When it comes to buying a home, veterans and active-duty military personnel in New York have access to a powerful financing option known as a VA loan. Backed by the Department of Veterans Affairs (VA), these loans provide eligible borrowers with favorable terms, low interest rates, and flexible credit requirements. In this article, we will...

Understanding VA Cash-Out Refinance
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Understanding VA Cash-Out Refinance

Unlocking Your Home’s Potential Introduction At Jet Direct Mortgage, we believe in empowering homeowners to make the most of their investment. If you’re a veteran or active-duty service member looking to tap into the equity of your home, a VA Cash-Out Refinance might be the perfect solution. This comprehensive guide will walk you through the...

FHA Loan Limits
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How FHA Loan Limits Affect You

FHA (Federal Housing Administration) loan limits are an important factor to consider when purchasing a home. FHA loan limits refer to the maximum amount of money that you can borrow using an FHA-insured loan. Here are some ways in which FHA loan limits can affect your home purchase: Loan Amount: FHA loan limits determine the...

difference between FHA Loans vs VA Loan
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FHA vs VA Loans: Which One Should You Choose?

FHA vs VA Loans: Which One Should You Choose? When it comes to financing a home, there are many different loan options available. Two of the most popular government-backed loan programs are FHA (Federal Housing Administration) loans and VA (Department of Veterans Affairs) loans. In this article, we will discuss the differences between FHA and...

Jet Direct House Plans
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Three Types of Mortgage Payments

Jet Direct Mortgage The terms used in the mortgage industry can be confusing. A mortgage payment looks like one large payment, but it is actually made up of several different parts. The main parts of payments are principal and interest. The amount of your monthly mortgage payment is based on your loan amortization, which is...