Title insurance is a company that protects those willing to buy homes from the prospect of anyone who might try to contest legitimacy as a new homeowner. We have two types of policies in title insurance. There is one that protects a buyer and the other one, the lender. Who Pays For Title Insurance? According […]
Are you thinking about working with a mortgage broker, but you are still on the fence about the decision? If so, then you have come to the right place! Today, we are going to learn the many benefits of working with a mortgage broker. This information will help you decide if a mortgage broker is […]
Getting a mortgage is often considered an important stepping stone in life but is also a scary moment. The mortgage is an amount of debt that you will have to pay back in a certain amount of years. We understand how scary this can be. But with the right information, you can be assured that […]
You’ve decided to buy a home! Deciding to buy a house is an exciting life step, but many first-time home buyers can quickly become overwhelmed by the process. Choosing a mortgage lender is one of the most important steps in buying a home and knowing what to look for is vital. Here are some questions […]
When you are looking for taking a loan or a mortgage out, you may need to put up some collateral up as a guarantee that you will pay the promisor (lending agent) back. Putting up a high value asset such as a house for collateral for a loan is seen as an extra layer of […]
Learn what a purchase-money mortgage is. We show you a purchase money mortgage example. What it means for real estate and mortgages. For you to buy a home, you need cash or a bank mortgage. However, most of us are not blessed with enough bank balance to buy a house on cash, which explains why […]
You hear it from everyone: “My monthly mortgage payment is too high.” You should take a look t this list of the 5 factors that have the biggest impact on the size of your monthly payment. If you are currently shopping around for a mortgage, this list can help you make some financially responsible decisions. […]
If you are like most people you want to spend the least amount of money possible on your monthly mortgage. To help keep an eye on costs you should regularly review your current payment and ways to reduce this monthly cost. Contacting a professional loan officer can assist in understanding the options that may help […]
