Mortgage 101

What is a mortgage interest rate?

Find out what exactly a mortgage interest rate is, how they're calculated, and what you should know before deciding on one.

Mortgage 101

What are discount points?

Although buying a home typically requires a sizable down payment, discount points can help to reduce the cost of a mortgage.

Mortgage 101

What is a down payment?

Understanding what a down payment is, how it affects your interest rate, and the different requirements will help you decide what is best when the...

Mortgage 101

What is PMI?

It is important to know if and when private mortgage insurance (PMI) is necessary once you decide to buy a home

Mortgage 101

Types of Mortgages

It is important to know of the numerous mortgage types that you can select from, that way when the time comes you can choose what is best for you.

Mortgage 101

What is a mortgage note?

A legal document which outlines the terms of a loan between the buyer and lender

Mortgage 101

What is an escrow account?

If you're in the midst of purchasing a home, you'll likely hear about escrow, which is an integral component of the home-buying process.

Mortgage 101

Preapproved vs Prequalified

Prequalification is the initial step, while preapproval takes it one step further in the process to help focus on mortgages you can afford.

Mortgage 101

What are closing costs?

Closing costs include a multitude of expenses on top of your property's purchase price.

Mortgage 101

How do mortgages work?

With the right approach, obtaining a mortgage can a be a smooth and painless process. This article will walk you through all of the basics.

State up to date with tips,  tricks and tools, to help you be a more informed borrower.

 

We post articles a few times a month and you're welcome to unsubscribe at any time. These resources are meant to help educate and inform our users. If there's something you're interested in learning more about, drop us a line!

Subscribe to keep up with the latest posts.