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How Does A Home Mortgage Work

A Construction-to-Permanent loan allows you to shop for just one loan when building a new home. It covers the financing during the building process and then transitions into a permanent loan once construction is complete, saving you the additional time and closing costs of two separate loans.

How Do HECM Reverse Mortgages Differ From Standard Mortgages? This is the core question. Most seniors have some understanding of how standard mortgages work, because they probably had one for some years, so understanding how HECMs are different may be the best way to understand HECMs.

Most people need a mortgage to buy a home, but not everyone knows the ins and outs of the loan process. How do mortgages work? We’ll break it down for you.

Homeowner Associations and CCRs · Managing Your Mortgage · Mortgage Foreclosure · Make Your Housing Plan Own · What Kind of Home Do You Want.