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What happens when my lender orders the appraisal?

What happens when my lender orders the appraisal?

Jan 13, 2020 | Frequently Asked Questions

Usually your lender will order the appraisal after you have negotiated any repairs during the inspection period, but you, your Realtor, and your loan officer should discuss this and be on the same page. This is one of biggest challenges people face in working with...
I want to own a vacation property. Do I have to pay cash for it?

I want to own a vacation property. Do I have to pay cash for it?

Jan 11, 2020 | Frequently Asked Questions

Whether it’s a cabin for skiing or a getaway from the Summer heat, vacation or second properties are a popular investment for many people! They can enhance your lifestyle and help you make great memories. You can get financing for your vacation property and make that...
Why does the amount of my down payment have an effect on my interest rate?

Why does the amount of my down payment have an effect on my interest rate?

Jan 6, 2020 | Frequently Asked Questions

Lending is largely based on risk, where lower risk loans can have lower interest rates. This can seem abstract. Here’s an example: If you had two friends who needed to borrow $100, and Friend A already had $20 but Friend B only had $3, which Friend seems like a higher...
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Copyright ©2025 For information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. E Mortgage Capital, Inc. d/b/a E Mortgage Capital, NMLS# 1416824. Equal Housing Lender (NMLS consumer access: https://www.nmlsconsumeraccess.org/_) For State Requirements go to www.emortgagecapital.com/licensing E Mortgage Capital Inc. Headquarters 18071 Fitch 200 Irvine, California 92614