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Real Estate Buyers Tip
What's the best loan option for you?
30-year fixed rate mortgages are still the standard, but research one- and three-year adjustable-rate mortgages and look into 15-year fixed-rate loans. Knowing what you can afford to buy with these popular mortgage types will help you start off on the right foot
You might get a bigger loan with an FHA-insured or VA-guaranteed mortgage, but hot-market sellers probably won't jump at the chance to engage in the extra paperwork and delays that often come with these loans.
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