When buying a home, don’t forget about closing costs! These are fees paid at the end of the homebuying process, typically ranging from 2% to 5% of the home’s purchase price. They cover important services like appraisals, title insurance, and loan origination. Planning ahead for closing costs can help avoid surprises on closing day! Find a local Loan Officer near you to learn more https://bit.ly/4hM96fP #mortgagefactsfriday #swbcmortgage #happiestwayhome
SWBC Mortgage Corporation’s Post
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What are Closing Costs? 🔍 Closing costs are the fees and expenses you pay when finalizing your home purchase, like application fees, title insurance, and appraisal costs. These typically range from 2-5% of your loan amount. It's important to budget for them so there are no surprises at closing! Need a breakdown of these costs? We’re here to help make the process smooth and clear! Find a local Loan Officer near you to learn more https://bit.ly/3VvJwT5 #swbcmortgage #happiestwayhome #HomebuyerTips #Mortgage101
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What is Escrow? 📂 When you buy a home, escrow is a special account where part of your monthly payment goes to cover property taxes and insurance. This way, those bills are paid on time, without you having to worry about it! It’s all about keeping things simple and secure. Got escrow questions? Find a local Loan Officer near you to learn more https://bit.ly/48pR7HS #swbcmortgage #happiestwayhome #HomebuyerTips #Mortgage101
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Your home's equity could help pay for those updates you've been putting off. Call our team today to find out how a home equity line of credit could help you transform your home. #RightwayMortgage
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🛠️ Tuesday Tip: Thinking of buying your first home? Start by checking your credit score—it's key to determining your loan options and interest rates! 💳 #FirstHome #CreditTips #stocktonmortgage #findyourhome
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🛠️ Tuesday Tip: Thinking of buying your first home? Start by checking your credit score—it's key to determining your loan options and interest rates! 💳 #FirstHome #CreditTips #stocktonmortgage #findyourhome
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🛠️ Tuesday Tip: Thinking of buying your first home? Start by checking your credit score—it's key to determining your loan options and interest rates! 💳 #FirstHome #CreditTips #stocktonmortgage #findyourhome
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🛠️ Tuesday Tip: Thinking of buying your first home? Start by checking your credit score—it's key to determining your loan options and interest rates! 💳 #FirstHome #CreditTips #stocktonmortgage #findyourhome
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🛠️ Tuesday Tip: Thinking of buying your first home? Start by checking your credit score—it's key to determining your loan options and interest rates! 💳 #FirstHome #CreditTips #stocktonmortgage #findyourhome
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🛠️ Tuesday Tip: Thinking of buying your first home? Start by checking your credit score—it's key to determining your loan options and interest rates! 💳 #FirstHome #CreditTips #stocktonmortgage #findyourhome
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