- Homebuyers
- April 24, 2024
What Is an Escrow Analysis?
An escrow analysis refund is a payment provided to a borrower from a mortgage servicer to give back excess funds in an account that were detected following a review.
Mortgage Basics
Mortgage Basics Articles
- Homebuyers
- April 22, 2024
How Much Are Closing Costs?
How much are closing costs? In this post, we'll cover everything you need to know!
- Homebuyers
- April 19, 2024
How Much Is a Mortgage on a $400,000 Home?
How much is a mortgage on a $400,000 home? Let's break down all of the intricacies of a typical mortgage to get the answer.
- Homebuyers
- April 12, 2024
How Much is a Mortgage on a $300,000 House?
How much is a mortgage on a $300,000 house? This question presents the perfect starting point for exploring how much mortgage you can afford as a first-time homebuyer.
- Homebuyers
- April 11, 2024
How New Real Estate Commission Rules Could Affect First-Time Buyers
Buyers will now be responsible for agent commissions and those already scrimping to muster the initial down payment may have to come up with more upfront funds.
- Homebuyers
- April 9, 2024
Understanding Mortgage Insurance: A Guide for Homeowners
What is mortgage insurance all about? This article covers the ins and outs of mortgage insurance when buying a home.
- Homebuyers
- April 8, 2024
Mortgagor vs. Mortgagee: Understanding the Key Differences
Do you know the difference between mortgagor vs. mortgagee? It's an important distinction to clear up before moving forward with the buying process. Both have unique responsibilities and rights. Here's what you need to know!
- Homebuyers
- March 26, 2024
7 Documents You Need When Applying for a Home Loan
Having the right documents is crucial when applying for a home loan. Lenders require specific information to assess your eligibility and determine the terms of your loan.
- Homebuyers
- March 21, 2024
Escrow in Mortgages: What You Need to Know
Escrow accounts are important in real estate transactions. They protect the interests of buyers and sellers. These accounts, handled by neutral third parties, are safe places to keep money that will be used for different costs related to selling a property.
- Homebuyers
- March 20, 2024
FHA-Approved Condo
If you're living in a bustling city or vibrant town and dreaming of owning your own home but have hurdles you're facing like low credit scores or limited savings, there are options for you. Condo living is a great option.