Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho March 28, 2024

First-Time Homebuyer’s: Understanding Mortgage Terminology

Obtaining a mortgage can seem to be filled with perplexing terms and concepts. Don't worry, though – we're here to decode the complexities and make it easy for you to navigate the mortgage landscape with confidence. Let's break down some of the most common and confusing terms in simple, easy-to-understand language. 1. Down Payment: Complex Term: The initial payment you make when purchasing a home. Simple Explanation: It's like a security deposit when you rent an apartment but for your … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: First Time Buyer, Home Buyer Tips, Principal

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Berkshire Hathaway HomeServices Verani Realty
One Verani Way
Londonderry, NH 03053

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