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      What is a mill rate & how is it calculated?Mill rate is a tax rate some municipalities use to calculate their local property taxes. Your property tax amount is determined by multiplying the local mill rate with your home’s assessed value. What Is Mill Rate and How Does It Determine Your Tax Liability? How Do Taxes Factor Into Your Home Costs? How Can You Reduce Home Costs?
      What is a mill rate & why is it important?The mill rate is the backbone of property tax calculation, dictating the tax burden on homeowners. Understanding the mill rate and how it is determined equips homeowners with knowledge and empowers them to make informed decisions regarding their property taxes.
      Does HomeLight home loans charge a fee?They offer two ARMs, a 5/1 and 7/1, along with the 30-year fixed. The company doesn’t charge any lender fees, including no origination fee, application, or processing fee. HomeLight Home Loans is currently available in Arizona, California, Colorado, Florida, Oregon, Pennsylvania, Texas, and Washington, with more states expected to launch soon.
      How much is a HomeLight trade-in fee?If you do, the HomeLight Trade-In fee is 1% for the first 30 days that HomeLight owns the property, then 0.5% for every 30 days thereafter. If you use a different lender, the HomeLight Trade-In fee is 3% for the first thirty days that HomeLight owns the property, then 0.5% for every 30 days thereafter.
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    • What Is a Mill Rate and How Will It Affect My Home Costs?

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