What is a nonconforming loan and how does it work?

Settlement costs (also known as closing costs) are the fees that the buyer and/or seller have to pay to complete the sale of the property. Depending on the lender, these may include origination fees, credit report fees, and appraisal fees, as well as property taxes and recording fees. Read more

Considering to refinance an FHA to a conventional loan? Learn how to switch loan types, meet the criteria, and explore different benefits, like tapping equity. Read more

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