April 9, 2014
There are many factors which impact the size of your mortgage loan, most of which are within your control. Your income, savings, and credit history will be...
March 24, 2014
In determining what type of mortgage loan is best for you, it is wise to know which mortgage loans are available to you. First, know that the type of loan and the type of...
March 19, 2014
Owning a home is the ultimate experience for many people. It brings feelings of success, well-being, security, as well as a sense of belonging. But it can also result in stress if the home’s value declines from the borrower’s original purchase...
March 13, 2014
Understanding the basic elements of a mortgage will give you confidence as a home buyer and help you navigate the loan process with greater ease.The Foundation
March 11, 2014
In the mortgage application process, the Granddaddy of all the paperwork is known as The Uniform Residential Loan Application, also known as Form 1003. This form must be completed and supporting documentation provided in order to advance the...
March 6, 2014
All homeowners want lower monthly mortgage payments. In general, there are two main ways that a homeowner can go about this: mortgage refinancing or loan modification. It is important to realize that these are two very different...
February 27, 2014
Reverse mortgage loans were first introduced in 1989 to allow senior citizens, aged 62 or older, to access a portion of their home equity without having to move. A reverse...
February 25, 2014
Before you start applying for home loans, it’s important to understand exactly what a monthly mortgage payment consists of. You can also use an online mortgage calculator...
February 25, 2014
Some homeowners trapped under the wave of declining home values may be surprised to find their property taxes haven’t tanked as well.
Others may find their property taxes are far higher than neighbors in comparable homes because of...
February 24, 2014
April is Financial Literacy Month. As you await your tax refund, this is a good reminder to review your financial health and make the necessary...