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How to Purchase a Home Non-Contingent and Recast the New Loan to Apply Proceeds from the Sale

Purchasing a home non-contingent and then recasting the new loan with proceeds from a previous home sale is a strategic approach for many homebuyers. This method allows you to buy a new property without the sale of your current home…

Recasting a Mortgage: What you need to Know

If you have recently received extra money, you might consider paying your mortgage principal. If so, this article covers the pros and cons of what you should know about recasting a mortgage. Occasionally, homeowners will receive a rather sizable amount…

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