The latest from the team at Patching Mortgage

First Time Home Buyers

As a first-time buyer, you’ve got other things to consider, including: • Rental costs. (Are they higher or lower than your potential ownership costs?) •

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New Mortgage Rules

1. 25 Year Amortization. If you are purchasing a home with less than 20% down, the maximum amortization for these insured mortgages is now 25 years (from 30).

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