How To Get A Low Interest Rate
Locking in your Interest Rate When you are promised a "rate lock" from your lender, it means that you
Homeowner Deductions You Need To Know About
Expenditures of owners of deductible One of the benefits of owning your own home is that mortgages and property
Fixed Rate vs. Adjustable Rate Mortgages
Fixed Rate Mortgages A fixed-rate loan features the same payment for the entire duration of your mortgage. Your property taxes increase,
4 Tips on Becoming a Landlord
Owning a rental property is a great way to maximize your investment, but being a landlord is a lot
What is a HUD-1 Settlement Statement?
The HUD-1, also known as the settlement statement, is a prescribed form from the U.S. Department of Housing and
Credit scores explained
Before lenders decide to lend you money, they need to know if you're willing and able to repay the
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