Modus Mortgage

Prequalified and Pre-approved: What's the Difference?

Prequalified and Pre-approved: What’s the Difference? You’ve probably heard the words “pre-approval” and “prequalification” if you’re thinking about purchasing a home. There is a subtle difference between the two, even

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Home Inspection 101: A Homebuyer’s Guide

Home Inspection 101: A Homebuyer’s Guide A home inspection will alert you to any immediate repair issues as well as offer you an estimate of how much it will cost

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Mistakes First-Time Home Buyers Must Avoid

Mistakes First-Time Home Buyers Must Avoid There are several common errors made by first-time home buyers. Some are little, while others may be rather pricey. Fortunately, many of these errors may

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Best Renovations to Increase Your Home's Value

Best Renovations to Increase Your Home’s Value Renovations make your home more enjoyable. Plus, if you do them right, they may even increase your home’s value. This comes in handy

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What Does a Title Company Do?

What Does a Title Company Do? The objective of a title company is to ensure that the present owner may legally transfer ownership to the house buyer — in other

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What is DTI and How Does It Affect Your Application?

Some people think of DTI as a ratio, others see it as an equation. Whatever your level of comfort with the concept, here's what you need to know about what debt-to-income ratios are and how it influences your mortgage application.

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