Category: blog
22
Feb
2024
The New Enhanced HomeReady® Program
Emerald Home Loans
Insider,
Finances,
Buy,
First-Time Homebuyer,
Blog,
Product,
Mortgage Product
Exciting news. The new enhanced HomeReady program is increasing access to homeownership!
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30
Jan
2024
Monmouth County, NJ’s First-Time Homebuyers Assistance Program
Emerald Home Loans
Insider,
Finances,
Buy,
First-Time Homebuyer,
Blog,
Product,
Mortgage Product
Are you dreaming of owning your first home but struggling to navigate the complex world of down payments and closing costs? Look no further! TheMonmouth County, NJ First-Time Homebuyers Assistance Programis here to turn your homeownership aspirations into reality. In this blog, we'll explore the...
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02
Jan
2024
Leverage Your Home’s Equity for A Brighter 2024
Emerald Home Loans
Insider,
Finances,
Buy,
First-Time Homebuyer,
Renovation,
Blog,
Product
In the ever-evolving landscape of personal finance, leveraging your assets to secure a brighter future has become a prevailing theme. If you're still grappling with high-interest debts from last year or envisioning major life changes, your home's equity could be the key to unlocking newfound...
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29
Nov
2023
On November 28, 2023, the Federal Housing Finance Agency (FHFA) announced an increase in the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2023.
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11
Oct
2023
Renting vs Owning: Common Considerations
Emerald Home Loans
Finances,
Buy,
First-Time Homebuyer,
Blog
In case you’re still deciding let’s see how they compare.
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10
Oct
2023
Mortgage News:Fannie Mae Approves 5% Down Payment for Multi-Unit Homes
Emerald Home Loans
News,
Buy,
Refinance,
First-Time Homebuyer,
Renovation,
Blog,
Product,
Mortgage Product
Exciting developments are underway in the mortgage industry, and we're here to bring you the most significant breakthrough in the mortgage world in the past decade.
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20
Sep
2023
Mortgage rates don't always follow Fed actions.
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06
Sep
2023
Understanding PITI: Breaking Down Your Mortgage Payment
Emerald Home Loans
Insider,
Finances,
Buy,
First-Time Homebuyer,
Blog
If you're on the journey to homeownership, you've likely encountered the terms "principal" and "interest" in relation to your mortgage. These terms represent the fundamental aspects of what you're borrowing and the associated costs. However, there's more to your mortgage payment than just these two...
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10
Aug
2023
There’s an important rule of thumb about income when it comes to applying for a mortgage. The numbers you report to Uncle Sam are the numbers lenders will use when making a decision about mortgage qualification.
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31
Jul
2023
Asset Depletion MOrtgages
Emerald Home Loans
Insider,
Retirement,
Finances,
Buy,
Blog,
Mortgage Product
Not all borrowers have traditional means of employment or income. There are many people who may fit into non-traditional income categories such as:
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