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Home values firmed up again in the second quarter of 2024. See what's been happening to home values in your metro area with HSH.com's Home Value Tracker.

Home values firmed up again in the second quarter of 2024. See what's been happening to home values in your metro area with HSH.com's Home Value Tracker.

Relocating: Get my new mortgage here or there?

Q: I am moving to another state and would like to get qualified for a mortgage on a home I will buy in the new state. I will be selling my home in New Jersey.

A: There's no doubt that relocating to a new state can pose challenges. Depending upon where you're going, you might be able to find a lender here in New Jersey who also has operations in the new state (or a lender in the new state with operations in New Jersey) giving you a local office to help manage the process. Failing that, you should look to mortgage lenders in the new state with outlets near to where you are hoping to move, which will give you access to local resources to help you.

Ask the expert
Keith Gumbinger
Keith Gumbinger
Mortgage Expert
Vice President, HSH.com
About Keith: Mortgage market observer and analyst with 35 years experience... (more)
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Q: The index which governs my ARM disappeared. What happens now?
SEP 09, 2024
A:

When an index disappears, it will be replaced with another indicator.

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Q: How should I pay my mortgage closing costs?
SEP 04, 2024
A:

Generally, there are three ways to approach the issue. Each option has different effects on your mortgage cost over time.

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Q: How do I find out who owns my mortgage?
FEB 20, 2024
A:

The owner of the loan is most often the "investor" -- the entity who put up the actual funds to make your mortgage happen.

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