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
When it comes to diving into home ownership for the first time, it can seem like there are so many things you just don\’t know. Whether you\’re getting advice from your real estate agent, your friends or your family, there are so many things that seem like...
by Mortgage Blog Content | Mar 30, 2020 | Uncategorized
Privacy Policy Disclosure (Protection of the Privacy of Personal Non-Public information) Respecting and protecting customer privacy is vital to us. By explaining our privacy policy to you, we trust that you will better understand how we keep our customer information...
by Mortgage Blog Content | Mar 30, 2020 | Uncategorized
What is the purpose of a home appraisal? A home appraisal is generally required by the lender in order to establish that the value of the home will be sufficient collateral for the amount of the loan. The appraisal fee is paid by the borrower after the borrower has...
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...
