Amortization - Number of years it will take you to repay the mortgage loan in full. Banker - A company that originates mortgages, using their own or borrowed funds. Compliance [...]
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So far Monica Miner has created 11 blog entries.
The mortgage principal is not the sole contributor to a mortgage payment. What is in a mortgage payment consists of 4 main components: PITI - Principal, Interest, Taxes, and Insurance [...]
Homeownership Special Announcement from MSHDA New MSHDA Rates Effective Wednesday, July 10, 2019 RATE DECREASE will go into effect on WEDNESDAY, JULY 10, 2019. MI Home Loan no DPA 3.75% [...]
Stop waiting for your desired quality of life in homeownership! Discover the possibilities Fannie Mae and Freddie Mac offer First-Time Homebuyers! FANNIE MAE | [...]
Lending options are somewhat narrow for prospective condo buyers. Knowing the qualifications standards upfront can go a long way toward avoiding headaches. WARRANTABLE [...]
Common Home Buyer Oversights Included is a list of common home borrower oversights made during a real estate transaction. These could potentially lead to impacts on a loan approval [...]
Surprising Benefits of Buying a Home When talking about the benefits of owning a home, especially from a mortgage professional's point-of-view, you often hear about the financial upside of home-ownership. [...]
Seller concessions refer to an agreement in which the seller pays certain financing costs for the buyer of the home i.e. Title insurance, Processing fees, Origination fees, Inspection fees, Transfer [...]