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Month: September 2014

What Is The Difference Between USDA Guaranteed And Direct Loan

One thing many potential borrowers are unaware of is that there are two distinct types of USDA loans, the Direct and the Guaranteed. The Direct loan is intended for very
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How Much Is The USDA Funding Fee?

When you hear 100% financing, no money down as an option for a loan most people say, “no way, not possible, what’s the catch?” Many people, including lenders do not
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Letter of Explanation for Credit Inquiries – How to Write One?

When you apply for a mortgage, your lender may request a letter to check your credit score and credit history. Part of this financial background check includes credit inquiries and
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