Mortgage Equity Partners of Delaware
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Pat Brunner, Delaware Branch Manager says, "If you want to buy a home but don’t think you have enough money for down payment, think again because we have people buying homes using the DSHA loan programs with very little money out of pocket. We have flexible underwriting, low down payments and highly experienced …
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What is the difference between DSCR/DCR/DSR? These terms are interchangeable. A DSCR is an important term used to measure a property's ability to cover its debt obligation. DSCR stands for Debt Service Coverage Ratio DCR stands for Debt Coverage Ratio DSR stands for Debt Service Ratio What is a DSCR …
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A complete guide to closing costs for mortgages Buying a home is an exciting milestone, but it comes with significant financial responsibilities. One of the key expenses you’ll encounter is closing costs. Understanding these expenses is crucial for all Delaware borrowers, especially first-time homebuyers. These …
How down payment assistance helps homebuyers In today's real estate market, buying a home can feel out of reach, especially for first-time homebuyers. One of the biggest challenges many Delaware buyers face is coming up with the funds for a down payment and closing costs. Fortunately, programs designed specifically to …
Summertime is the best time for renovations Summer's here in Delaware, and it's the perfect time to give your home that much-needed makeover. If you're a homeowner dreaming of upgrades, renovation home financing, a cash-out refinance, or a Home Equity Line of Credit (HELOC) could help you achieve your renovation …
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Refinancing your mortgage-discover the benefits Refinancing your mortgage can be a strategic move to improve your financial health. There are various reasons to consider refinancing for Delaware homeowners. You may want to consolidate debt and free up monthly cash flow or access your equity for home upgrades or some …
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