A mortgage is a loan to purchase property using the property as collateral. The lender will require a recorded deed to secure their stake in the property. With careful planning, savy homebuyers can find the loan that is right for them and avoid paying unnecessary costs. “The average home buyer spends double the time researching a car purchase as he or she does researching a mortgage.” Zillow
How Should I Go About Shopping for a Loan?
How Much Can I Borrow?
What Is the Best Way to Improve My Credit Score?
- Know Before You Owe Disclosure Forms
- Use Contingencies To Protect Your Right To Cancel a Sale
- Facing a Foreclosure? Consider a Short Sale
- How to Use Seller Financing to Your Advantage
- How Should I Go About Shopping for a Loan?
- Why Your Home Appraisal May Be Lower Than You Think — and What You Can Do About It
- Know Before You Owe Disclosure Forms
- What is PMI insurance?
- Mortgage Closing Pain Points: What You Can Do?
- What Is the Best Way to Improve My Credit Score?
Know Before You Owe Disclosure Forms
Under the direction of the Consumer Finance Protection Bureau (CFPB), lenders must give borrowers two important disclosure forms…
Use Contingencies To Protect Your Right To Cancel a Sale
Kristen and Ben had been looking for the right property to buy for over six months. They finally…
Facing a Foreclosure? Consider a Short Sale
Lona Hamilton had been struggling to make her mortgage payments for the last year and a half. She…
How to Use Seller Financing to Your Advantage
Seller financing can be a useful tool to not only the Buyer but also to the seller. With…
How Should I Go About Shopping for a Loan?
Consider banks, savings and loan offices and loan brokers: Find out what types of loans are available and…
Know Before You Owe Disclosure Forms
(Most states require sellers to fill out a disclosure form or disclose material facts about the property. To…
What is PMI insurance?
PMI or Private Mortgage Insurance insures lenders against losses when they have to foreclose and can only sell…
Mortgage Closing Pain Points: What You Can Do?
A recent study by the Consumer Financial Protection Bureau reported the results of a year-long study to identify…
What Is the Best Way to Improve My Credit Score?
While there is no “best” way to improve your credit score, as each of the three main credit…