Tax deductions for homeowners can vary based on factors such as location, the tax laws in effect, and individual circumstances. However, common tax deductions for homeowners in many jurisdictions often include: Mortgage Interest: Homeowners may qualify to deduct ...
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The Federal Housing Administration (FHA) announced new 2024 loan limits for the upcoming calendar year. The 2024 limit is $498,257 for one-unit properties in low-cost areas (increased from $472,030 in 2023). The new loan limits are effective for ...
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The Federal Housing Finance Agency (FHFA) released the new 2024 conforming loan limits for conventional and VA loans* effective November 29, 2024. The 2024 limit is $766,550 for VA and one-unit conventional loans (increased from $726,200 in 2023). ...
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With mortgage rates remaining high, E5 Home Loans is now offering No-Cost Appraisals* with 1-0 Temporary Rate Buydowns. Yet another way to help buyers save money and sellers sell their home faster. From now until March 31, 2024, ...
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Wire fraud is a criminal act that involves the use of electronic communication or wire transfers to defraud someone. It typically occurs when nefarious individuals mislead others to send money electronically, such as through wire transfers. The most ...
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Applying online for a mortgage is a convenient and easy way to start the process of buying a home. The E5 Home Loans online application takes only 5-10 minutes. Simply enter your contact info, income history and answer ...
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Residential appraisal conditions are the factors that are taken into consideration when determining the value of a residential property. Appraisers use a combination of quantitative and qualitative measures to determine the worth of a property, including its location, ...
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New homeowners usually get a home warranty. Often it’s purchased by the seller, their gift to you in case something breaks. If the seller wasn’t so generous, purchasing a home warranty can be a wise investment to insure ...
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The National Do Not Call (DNC) Registry gives you a choice about whether to receive telemarketing calls. When consumers shop for a home loan, one of the first steps in a pre-qualification or refinance involves pulling a credit report. ...
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The “QM” in Non-QM Loan First, it helps to know what the “QM” stands for in “Non-QM Loan.” Let’s start with what is a Qualified Mortgage (QM) loan as defined by the Consumer Financial Protection Bureau (CFPB). The ...
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