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Home Loans

Top 10 Things to Consider on Home Loans
(presented by www.refinance-refinance.net - mortgage lenders)



By Tom Levine

Here are our Top 10 most important things to consider when shopping for a Home Loan, Equity Line of Credit, or Refinance, courtesy of Loans-Directory.Org:

  1. Down-Payment

  2. Fixed Versus Adjustable Rate

  3. APR

  4. Loan Types

  5. Loan Amount Qualification, Income

  6. Loan Amount Qualification, Expenses

  7. Employment and Credit History

  8. Points

  9. Sub-Prime Loans

  10. Short-Forms

1. Down-Payment - As a general rule of thumb, lenders will be seeking contribution from you of around 3% to 6% of the total loan value. This can be negotiable, and there are many loan packages available.

2. Fixed versus Adjustable


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