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Mastering Mortgage Basics: 10 Key Concepts Every Homebuyer Should Know

Redfin

You then make monthly payments, including principal and interest, over an agreed-upon term (usually 15 to 30 years) until the loan is fully repaid. Government-backed loans, such as FHA or VA loans, provide more flexible qualification criteria and specific benefits. How does the mortgage pre-approval process work?

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20 Home Search Apps that Aim to Help You Close the Deal

HomeLight

Buying a house is still one of the most stressful and time-consuming processes in the modern world, even with the advent of technology. Auction.com calls itself the nation’s largest online auction marketplace for foreclosure and bank-owned properties. Buyers bid and purchase properties in live events and online.

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