This page will lead you to a variety of home loan calculators for home buyers, sellers, mortgage brokers & bankers, including a good faith estimate calculators. Easily estimate buyer & seller closing costs. The online calculators are made available to you as a self-help tool for illustrative use only.
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Have Student Loans? 3 Steps to Prep for Home Buying Even with heavy student loans, becoming a homeowner is possible Seven in 10 students leave college with more than just a diploma-they’re also saddled with an average of $30,100 in student loan debt. 1
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Don’t apply for other loans and credit cards. In the months leading up to your mortgage application, do not apply for any new loans or credit cards. Each application can shave a few points off your score, which could prevent you from qualifying for the best mortgage rates.
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Michigan is seeing its first major funding increase for higher education in more than a decade, and it’s thanks in part to a plan by businesses to improve the state’s workforce.