Key Terms for Homebuyers
Adjustable Rate Mortgage (ARM) An adjustable rate mortgage (ARM) is a type of loan for which the interest rate can …
Adjustable Rate Mortgage (ARM) An adjustable rate mortgage (ARM) is a type of loan for which the interest rate can …
You are agreeing to repay a substantial amount of money over an extended period of time. Make sure you know what you are getting into and protect yourself from fraud.
A down payment is the amount you pay toward the home yourself. You put a percentage of the home’s value …
Your credit, your credit scores, and how wisely you shop for a loan that best fits your needs have a …
1. PRE-QUALIFICATION Meet with your loan originator to apply for a loan and review credit standing. Discuss purchasing goals and …
Q : How do l know how much house l can afford? A : There are many things that effect how much a borrower can afford. Job tenure, credit, down payment, debt ratios are just a few.