4 Things to Avoid When Purchasing a Home
With the thrill that comes with an accepted offer and a "yes" from the lender, many homebuyers make the
The Hidden Costs of Homebuying
Loan-Related Closing Costs Loan Origination Fee This covers the administrative expenses in setting-up and processing the loan. The loan
What are Closing Costs?
Certain standard costs are related to closing the sale of a house. Sellers and buyers customarily share these closing
Using Your 401K for a Down Payment
Should You Use Your 401(K) as a Down Payment on a Home? You've finally found the home of
Documenting Assets is Serious Business
Verifying Your Down Payment, Closing Costs, Assets, Income and Debts A critical step in the mortgage loan application
3 Types of Insurance Every Homeowner Should Know About
What's the difference between homeowner's insurance, mortgage insurance and title insurance? HOMEOWNER'S INSURANCE A homeowner's insurance policy is a package
Is Refinancing Right for You?
Weighing the Options of Refinancing Ever hear the old rule of thumb that states you should only consider
Interest Rate vs. APR
What is the difference between the interest rate and the A.P.R.? You'll see an interest rate and an
How Escrow Works
Closing the Sale - Escrow To finalize the sale of the home a neutral, third party (the escrow holder,
What is PMI?
PMI: Private Mortgage Insurance Private Mortgage Insurance helps you get the loan Private Mortgage Insurance, also known as