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Reverse Mortgages. A reverse mortgage is a home loan that you do not have to pay back for as long as you live in your home. You only repay the loan when you die, sell your home, or permanently move away. Homeowners who are at least 62 years old are eligible.
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Whether you’re a first-time homeowner, one who’s looking to refinance an existing loan or looking to make home improvements, Delta Community’s got you covered. To assist with your home purchasing needs, we offer several types of First Mortgages and home equity loans with the personal service that has made us a trusted partner for years.
First Time Home Buyer Discount Those purchasing a new-build home aren’t charged interest for the first five. It said it would build homes to be sold at a discount of 20% to first-time buyers between the ages of 23 and 40..
· Home Mortgage Services. Fellowship Home Loans offer clients multiple choices whether they are purchasing or refinancing a home. With over a decade of experience as home mortgage lenders, we are ready to walk clients through everything they need to know, from navigating adjustable rate mortgages to applying for FHA financing.
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Home ownership is the foundation of the American dream, and often, a mortgage is necessary to make that dream come true. Finding the right mortgage loan is arguably just as important as finding the right property.
Second mortgages, also known as home equity loans, aren’t for buying a house – they’re for borrowing against a property you already own. To do so, you’ll add another mortgage (if your home is paid off, you’re putting a new, first, mortgage on the home).