Mortgage Glossary

by | 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...

Mortgage FAQ

by | Mar 30, 2020 | Uncategorized

What are my options if I have no down payment, or only a small down payment? FHA loans allow a minimum of 3.5% down and this down payment can be in the form of documented gift funds from a family member.  Conventional loans may allow a minimum of 3% down, which can...

WishList Member

by | Mar 30, 2020 | Uncategorized

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