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40% of Americans own their home outright.1 If you want to join them but still have a few months or even years left on your loan, you may be entertaining the idea of paying off your mortgage loan early.
A down payment isn’t the only thing homebuyers need to budget for. Closing costs are another necessary line item that must be paid upfront before you can cross the threshold of your new home.
If you’re planning to buy property you may be weighing your financing options. From credit unions to big box, nationally operated companies, there are many lenders vying for your business.