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Applying for a Reverse Mortgage in 7 Steps

Applying for a Reverse Mortgage in 7 Steps

By Diane FaulknerPublished Thu, Apr 7, 2022 Applying for a reverse mortgage can seem daunting, and it’s not a particularly fast process. But if you understand what is happening at every step, you can set realistic timeline expectation

Jan 24, 2024 | Reverse Mortgage

Weighing Your Options: 20% Down Payment vs. Mortgage Insurance

Weighing Your Options: 20% Down Payment vs. Mortgage Insurance

In the intricate dance of real estate, prospective homebuyers often find themselves at a crossroads, faced with the pivotal decision of how much to contribute as a down payment. The classic choice of a 20% down payment remains the beacon of tradition, but

Jan 23, 2024 | Purchasing a Home

14 Mortgage Questions to Ask Your Lender — and the Answers You Want.

14 Mortgage Questions to Ask Your Lender — and the Answers You Want.

  14 Mortgage Questions to Ask Your Lender — and the Answers You Want.   These mortgage questions will help you find the best home loan from the right lender.  Having a list of mortgage questions to ask potential lenders is just the

Jan 21, 2024 | Purchasing a Home

The Ins and Outs of Purchase Loans: Everything You Need to Know

The Ins and Outs of Purchase Loans: Everything You Need to Know

Are you ready to take the leap into homeownership? Purchase loans can make your dream a reality. Whether you're a first-time buyer or looking to upgrade, understanding the ins and outs of purchase loans is crucial to making informed decisions. At Direct L

Jan 21, 2024 | Purchasing a Home

Understanding Reverse Mortgage: A Comprehensive Guide for Seniors

Understanding Reverse Mortgage: A Comprehensive Guide for Seniors

Welcome to our mortgage blog, where we aim to provide valuable information and insights to help you make informed decisions about your financial future. In this article, we will delve into the world of reverse mortgages and explore how they can benefit se

Jan 19, 2024 | Reverse Mortgage

2024 Conforming Loan Limit Update: What Homebuyers Need to Know

2024 Conforming Loan Limit Update: What Homebuyers Need to Know

As we enter the new year, it's important for prospective homebuyers and homeowners to stay updated on the latest changes in the mortgage industry. One key aspect to consider is the new $750,000 conforming loan limit for 2024. The conforming loan limit ref

Jan 18, 2024 | 2024 Conforming Loan Limit