PMI: What is it? Do I Need it?
How to determine which type of PMI is best for you In today’s market, saving for a 20% down payment can mean putting your home buying dreams on hold. Fortunately, there’s an option for buyers to put down ...
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Home Loan
Escrow: What Is It and How Does It Work?
What is escrow and how does it work? Escrow is a common term you’ll hear during the home buying process, but if this is your first home, it’s one you might not be familiar with. There are two ...
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What Happens After Underwriting?
What happens after underwriting? There are a lot of specifics to the mortgage process, which can seem overwhelming if it’s your first time going through it. The good news is that your lender will guide you along every ...
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LTV Explained: What is “Loan to Value” for a M...
When going through the lending process, you’ll encounter a lot of different terminology that can be confusing – particularly if it’s your first time applying for a mortgage. One of these terms is the loan to value (LTV) ...
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Who Is Acadia Lending Group? Learn More Here.
John Rose and Heather Rose, owners of Acadia Lending Group. We are Mainers helping Mainers. Helping first-time home buyers get into their dream house and assisting current homeowners in refinancing their mortgages to save thousands of dollars over the life ...
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