by Mortgage Blog Content | Mar 30, 2020 | Uncategorized
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by Mortgage Blog Content | Mar 30, 2020 | Uncategorized
Mortgage rates, information on mortgages, real estate, and more! Understanding the Difference Between a Co-Borrower and a Co-Signer by lizlaurenb | Aug 16, 2024 | Mortgage ApplicationWhen it comes to securing a mortgage, the terms and roles can often be...
by Mortgage Blog Content | Mar 30, 2020 | Uncategorized
Glossary of Terms Adjustable Rate Mortgage A mortgage loan were the interest rate adjusts periodically based on the changes of a specified index such as the one-year Treasury Bill or the LIBOR. Amortization The calculation of the amount of the installment payment it...
by Mortgage Blog Content | Mar 30, 2020 | Uncategorized
Prequalification – Before starting to look at homes potential homebuyers, that need mortgage financing, should meet or speak with a mortgage broker/loan officer to review their employment histories, verifiable recurring monthly incomes, credit histories/credit...
by Mortgage Blog Content | Mar 30, 2020 | Uncategorized
Which loan is right for me? Years you plan to stay in home Best program 1-3 3-5 5-7 7-10 10+ 3/1 ARM, 1 year ARM or 6 month ARM 5/1 ARM 7/1 ARM 10/1 ARM, 30 year fixed or 15 year fixed 30 year fixed or 15 year fixed Program Pros Cons Fixed Rate Mortgages 30...
