Understanding Mortgage Servicing After Closing

Closing day marks the end of the home-buying transaction, but it also begins the long-term process of managing your mortgage. After closing, a mortgage servicer becomes responsible for collecting payments, maintaining account records, managing escrow when applicable,...

What Every Homeowner Should Know About Escrow

If you have recently purchased a home, you have probably heard the term “escrow” several times throughout the mortgage process. While many homeowners understand that escrow is part of their monthly payment, they are often unsure how it actually works....

How to Financially Prepare for a Growing Family

Buying a home is often one of the first major steps people take as they prepare for a growing family. Whether you are expecting your first child or planning for the future, it is important to think beyond today’s budget and consider how your financial needs may...