Breaking Down Your Mortgage Payments
Four things make up your mortgage payments. Often known as the PITI: Principal Interest Taxes Insurance Principal The principal is the money you ...
Your Guide to Mortgage Paperwork
Tracking all the paperwork you need to process your loan can be a headache. Your ...
Understanding Mortgage Penalties
Lenders can charge penalties for both paying late and paying early. Late payment penalty – ...
Points, APRs, and Other Homebuyer Fees
What are points? Points are fees your lender charges, usually 1 or 2 percent of ...
What Is an Escrow Account?
You’re going to hear the word “escrow” a lot when you’re buying a home, whether ...
Choose the Right Mortgage Type for You
Once you’re pre-approved, you can take a deeper dive into exactly what type of mortgage you want and what taking out a home ...
Who’s Who in Getting a Mortgage
To better understand how mortgages work, learn the players involved in securing a mortgage at ...
The Low Down on Down Payments
Determine Your Down Payment Don’t make the mistake of looking at all your assets and ...
What Happens When Your Loan Is Sold?
Once you close on the home, it’s common for your loan to be sold. Don’t ...
If You’re Rejected for a Mortgage
If you’re application is rejected, don’t panic. There are many reasons you get rejected for ...
Don’t Fear the Dual Agency
Dual agencies leave a lot of gray areas when it comes to loyalty, so many buyers are wary of agreeing to one. They ...
What Are FSBOs?
When a property is For Sale by Owner (FSBO), it is being listed without the ...
Insider Home Search Tips
Cast a wide net, then narrow it down – Start with a broad pool, open ...
Property Tour Etiquette
When you’re touring homes, it’s easy to get caught up in the excitement of potentially ...
Choosing an Agent
You don’t need to choose an agent right away, but the sooner you find an ...
