Here’s a rundown of the different types of escrow accounts, what they do and how they will be used in your purchase or refinance.
Find out what exactly a mortgage interest rate is, how they're calculated, and what you should know before deciding on one.
Although buying a home typically requires a sizable down payment, discount points can help to reduce the cost of a mortgage.
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...
It is important to know if and when private mortgage insurance (PMI) is necessary once you decide to buy a home
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.
A legal document which outlines the terms of a loan between the buyer and lender
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.
Prequalification is the initial step, while preapproval takes it one step further in the process to help focus on mortgages you can afford.
Closing costs include a multitude of expenses on top of your property's purchase price.