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FAQs

What Are Closing Costs? Is There a Way to Estimate Them?

Posted in FAQs, First Time HomebuyersPosted by Maple Tree FundingSmall house with sold label

Closing costs are various fees that are paid at the closing of your mortgage. Depending on the state you live in, the closing is where you’ll sit down with the seller and those involved in the home buying transaction, such as real estate brokers and lawyers, and you will sign all the paperwork and remit payments that officially transfer home ownership to you. You’ll walk out with the keys… and a bit less money in…

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What is a Mortgage Broker & How Does it Differ from a Bank? [VIDEO]

Posted in FAQs, First Time HomebuyersPosted by Maple Tree Fundingbroker vs. bank written on whiteboard in black marker

A home will likely be the largest purchase you make in your life. When it comes to financing that purchase, you have lots of options to consider. Government loans, conventional loans, fixed rate loans, adjustable rate loans and more – there are so many mortgage options to choose from. But while you’re considering your options in terms of home loans, you may also want to carefully consider the source of that loan. If you are a…

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7 Home Buying Myths You Should Stop Believing

Posted in First Time Homebuyers, Home Buying Tips & InfoPosted by Maple Tree Fundingillustration of a Sasquatch in the woods

If you’re just starting your search for a home, you may be feeling intimidated and a bit overwhelmed. Everyone seems to have an opinion about how you should go about purchasing a home, and there is so much information out there about what you should and shouldn’t do that it’s easy to feel bombarded. Despite the fact that you may be experiencing information overload as you start researching the home buying process, it’s important to…

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What To Expect During The New York State Mortgage Process

Posted in First Time HomebuyersPosted by Maple Tree Funding

An Overview of The Initial Document Review, Underwriting, Property Appraisal and Clear to Close Stages The mortgage process can seem daunting and a bit overwhelming, especially if you’re a first time homebuyer. When shopping your home financing options for the very first time, it can be tough to know where to start – and to know what to expect as you move forward with obtaining a mortgage. At Maple Tree Funding, we work hard to…

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How to Save For Your First Home: 7 Tips for Saving For a House

Posted in First Time Homebuyers, Home Buying Tips & InfoPosted by Maple Tree Funding

Saving for a home can feel like an impossible task, especially if you’ve never done it before. It’s true that a house will likely be the largest purchase you make in your life – but saving for buying a house is actually easier than most people think. All it takes is some mindfulness and a bit of strategy to start effectively saving for your first home. With these tips and tricks, you’ll have enough for…

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