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Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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Real Estate Resources:
Special Offers - Special offers for Columbia, Blythewood and Lexington homeowners from The Dukes Team.
Affiliates - The Dukes Team's real estate web site affiliates.
eNewsletter - The Dukes Team'sColumbia, Blythewood and Lexington newsletter email will send you the latest real estate information.
Today's Real Estate News - Daily real estate news for this neighborhood, South Carolina, and United States.
Market Conditions Report - Market conditions report for this area, South Carolina, and United States.
Monthly Payments & Schedule - Monthly loan payments java mortgage calculator.
How Much Can You Afford? - Calculate how much home you can afford with this financial calculator.
Determine Tax Savings - Calculate how much your monthly Columbia, Blythewood and Lexington, South Carolina mortgage payments save you on your taxes because of loan interest.
Should You Rent or Buy? - Is it better to rent a home in South Carolina or buy your own Columbia, Blythewood and Lexington house, ranch, luxury property, condominium, acreage, or other real estate?
Adjustable Rate Mortgages - Adjustable rate Columbia, Blythewood and Lexington mortgages information and interest rate java calculator.
What Is Your APR? - Determine the Annual Percentage Rate (APR) for your mortgage.
Fixed or Adjustable Rate Mortgage? - Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.
Are Balloon Mortgages For You? - Balloon mortgage calculator. A balloon mortgage can be an excellent option for many home buyers.
15 vs. 30 Yr Mortgages - With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms.
How Much Should Your Income Be? - What income is required to qualify for a mortgage? Use this calculator to find out.
What's Your Maximum Mortgage? - This calculator will help you determine your maximum monthly housing payment and the resulting mortgage amount.
Will Buying Points Save You Money? - This calculator helps you determine if you should pay for points, or use the money to increase your down payment.
TripleCalc - FREE Software Download: TripleCalc lets you compare three loans at one time for your property or other South Carolina real estate.
Top National Real Estate Web Sites - Real Estate Web Sites that include some unique sources of realty information, listings, and more.
Ask Anything - Ask The Dukes Team anything real estate.
NUMBER1EXPERTS™ - List of all the NUMBER1EXPERT™ real estate agentss and realty professionals and brokers in the USA and Canada with links to their personal web sites with homes for sale.
Real Estate Tips - The Dukes Team's realty library of real estate tips and advice on everything from preparing your home for sale to negotiating with home buyers to escrow, closing costs, property inspections, and mortgage brokers.
Real Estate Trivia - The Dukes Team's collection of real estate trivia questions and answers that include real estate topics such as the most expensive home, largest swimming pool, and more.
Real Estate Dictionary - Complete real estate dictionary and glossary of realty words you'll use when you list and sell your Columbia, Blythewood and Lexington property in South Carolina, including legal terms definitions, and more.
Go to Main Sitemap - Main sitemap sections include Find Columbia, Blythewood and Lexington Homes, For Home Buyers, For Home Sellers, Columbia, Blythewood and Lexington Information, Real Estate Resources, and About The Dukes Team.

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Financing Your Home >Early Loan Approval
Many lenders help prospective buyers get pre-approved for a mortgage loan before the buyers begin a serious house-hunting effort. If you are in this position, give the loan officer all of the information about your assets, income, and debts so they can tell you how much you will be able to borrow under the available loan options. The loan officer will do a credit check and work with the lender to straighten out any problems with your credit rating.
Pre-approval from a lender can make you more attractive to the seller when you find the home you want. Multiple offers sometimes come in on a house, and you may find yourself competing with other buyers. In that case, it is helpful if you have included a letter from the lender with your offer stating that you have an approved loan and are, indeed, qualified to buy. This will also save you time by eliminating from consideration any homes that you would not be able to afford.
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| Q |
Lenders in 14 states--California, New York, Oregon, Utah, Vermont and Wisconsin and 9 others--have what in common?
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| A |
Lender in these states must pay interest on funds held in escrow accounts. |
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