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Loans with a loan-to-value greater than 80% will require mortgage insurance which will increase the monthly payment amount. Stearns Lending, LLC is an fha approved lending institution, and is not acting on behalf of or at the direction of HUD/FHA or the federal government.
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Real estate closing procedure in Florida – Orange Movers Miami The Real Estate closing is essentially a meeting where a closing agent, (the individual charged with conducting the transaction), takes money from the buyer, pays out money to the seller and makes sure that the purchaser title is properly recorded in local records along with any mortgage liens.
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