Wednesday, October 18th 2017
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What are mortgage rates today?
0 Answers | 549 Views
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what are closing costs when buying a home?
0 Answers | 573 Views
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What affects mortgage rates?
Mortgage rates is affected by supply and demand. Meaning, as the demand of mortgage loans increases, the interest rates increases too. Inflation can also affect the rate ...
1 Answers | 414 Views
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What mortgage can i afford?
0 Answers | 0 Views
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What is a Conforming Fixed Rate Mortgage?
0 Answers | 557 Views
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What is a Interest Only ARM Loan?
0 Answers | 490 Views
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What is a New Construction Mortgage?
0 Answers | 533 Views
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What is a Home Renewal Mortgage?
This is the process of refinancing or renewal of your existing loan with new payment options or mortgage terms right for your budget. It could be with the same lender or ...
1 Answers | 410 Views
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What is a Cooperative Housing Mortgage?
It is a type of mortgage loans that you get from cooperatives, instead of banks. Coop is system of ownership wherein the residents of a particular housing building like c...
1 Answers | 659 Views
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What are Conforming ARMs?
0 Answers | 574 Views
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What is an Interest-Only mortgage?
0 Answers | 470 Views
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What is a Mortgage Pre-Approval?
A mortgage pre-approval happens when a borrower is guaranteed by a lender with a certain amount he can loan. The borrower gets a pre-approval letter which he can show whe...
1 Answers | 384 Views
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What size mortgage can I afford?
0 Answers | 1008 Views
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What are mortgage start up fees?
This is the fee a borrower pays at the onset of a mortgage. Usually, lenders give discounted interest rate or bonus rate especially for first time buyers.
1 Answers | 393 Views
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What are mortgage exit fees?
This is the fee you pay your lender when you either pay off a mortgage early or switch to a new mortgage with a new lender. It covers staff, legal, and admin costs.
1 Answers | 400 Views
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What is a Mortgage Modification?
Mortgage modification is changing terms of the loan, outside the original agreement in the contract: including change in interest rate, principal, late fees or penalties;...
1 Answers | 353 Views
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What is a Mortgage Short Sale?
It is a process by which a financially distressed borrower sells his home for less money than he owes on it to avoid foreclosure (which involves higher fees for the lende...
1 Answers | 369 Views
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What is a Long Term Mortgage?
A long term mortgage is extended beyond the life of a typical loan which is 15-30years long. It can last for 40years or more.
1 Answers | 367 Views
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What is a Blanket Mortgage?
It is a type of financing that creates lien on two or more real estate properties. Instead of taking a mortgage on each property, the buyer can take out one mortgage on t...
1 Answers | 429 Views
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What is a Multifamily Mortgage?
Is a kind of loan for properties that can accommodate more than four families like apartment buildings and complexes. In most cases, the financing is almost the same as w...
1 Answers | 400 Views
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