mortgage
Understanding Your Mortgage Quote
Buying a home is a significant financial commitment, and understanding your mortgage quote is crucial to avoid surprises down the line. Your lender will provide a mortgage quote based on various factors, and being aware of these elements can help…
Read MoreBreaking It Down: Understanding Your Home Closing Costs
When you’re a first-time homebuyer, the entire concept of closing costs may be elusive and intimidating. You know they’re coming, but you have no idea what to expect. Luckily, a little knowledge can go a long way. Fees for loan…
Read MoreThe Repercussions of a Mortgage Not Closing on Time
You’ve worked hard for years, saved up the down payment, and have finally found your perfect dream home. And now that you have your offer accepted and are in escrow, you’re ready to sign on the dotted line and close…
Read More4 Ways to Research Mortgage Lender Options
Choosing the right mortgage lender is critical — whether you’re buying a house or refinancing an existing one. Your choice will not only influence the loan options and interest rate you get but also how quickly you close and the…
Read More5 Times You Might Want to Use a 15-year Loan
The 30-year mortgage might be the most common, but it’s not always the best choice for every homebuyer. In fact, it’s often the most expensive mortgage you can go with — at least in the long term. Just consider, for…
Read More26 Real Estate and Mortgage Terms from A – Z
The home buying process is filled with all kinds of jargon and industry-specific real estate and mortgage terms. You’ll encounter acronyms like “APR,” “DTI,” and “LTV,” and new phrases like “escrow account” and “fixed-rate” can add confusion, too. Need help…
Read MoreFreddie and Fannie Who?! 13 Mortgage Terms You’ve Heard and May Not Understand
The mortgage process can be pretty overwhelming — especially if it’s your first time around the block. In fact, according to a recent study from credit bureau TransUnion, a whopping 34% of first-time homebuyers aren’t familiar with a single mortgage…
Read MoreShould You Consider Refinancing Your Mortgage? Read This To Find Out
With mortgage rates dropping in the first quarter of the year, the number of homeowners refinancing has steadily climbed. And it’s no wonder why. Refinancing your mortgage can come with serious benefits. From lower interest rates and reduced monthly payments…
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