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Upfront, Ongoing, and Closing Costs

Key Takeaways HECM fees are higher, but they pay for strong FHA-backed borrower protections. The longer you stay in the home, the more a HECM’s costs can make sense, since upfront fees are spread over time. A HECM works best when used ...

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National Homebuyers Fund Grants and Loans

Key Takeaways NHF can provide up to 5% of the loan amount for down payment or closing costs that often does not need repayment. Eligibility is broader than many buyers expect including repeat buyers flexible credit rules and multiple loan t...

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What Does ‘Move-In Ready’ Mean?

When you are browsing homes online or walking through showings, you will see the phrase move-in ready everywhere. At first glance it sounds simple. A move-in ready home should be a place you can walk into, set your belongings down, and be...

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More lenient owner-occupancy requirements for JADUs

Why this article matters: California’s legislature is encouraging the development of Junior accessory dwelling units (JADUs) in answer to the statewide housing shortage. By relaxing owner-occupancy requirements, JADU numbers are likely to rec...

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