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Category: Understanding Mortgages

How to Lower the Cost of Refinancing

Credit · Home Buying · Mortgage Rates · Refinance · Understanding Mortgages

Tips from the 25 Most Influential Real Estate and Mortgage Pros on Google+

January 1, 2022

If you’re like most people who want to find out what’s trending now, or you need tips and advice, you’ve probably gone to Facebook, Twitter or Pinterest. But one of […]

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What to do when you're turned down for a loan

Understanding Mortgages

What To Do After Being Turned Down for a Mortgage

January 1, 2022

There probably isn’t anything more devastating during the home buying process than being turned down for a mortgage. You’ve already picked out your house, had your offer accepted and now […]

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Cheerful Woman Opening Door

News · Understanding Mortgages

What New TRID Regulations Mean for Borrowers

January 1, 2022

People didn’t know what the new TILA-RESPA Integrated Disclosure (TRID) regulatory changes would do to consumers – possibly hold up their applications, slow down closings or other problems? After more […]

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What percentage of income should go to mortgage_

Understanding Mortgages

How Does a Reverse Mortgage Work?

January 1, 2022

Reverse mortgages can help those in financial distress by converting part of the equity they have built up in their home into cash. They can use the money for anything […]

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Understanding Mortgages

Divorce and Mortgage: What You Need to Know

January 1, 2022

When you say “I do” to the love of your life, you never dream you’ll be in the middle of a divorce someday. But it happens to the nearly half […]

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Buying a home as a foreign national

Niche Mortgage Products · Real Estate Market · Understanding Mortgages

Foreign National Mortgage Qualification and Loan Products

January 1, 2022

If you are a citizen from another nation, you can still have the opportunity to get a mortgage to buy a house in the United States. The products you are […]

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5 mistakes you should avoid when applying for a mortgage

News · Understanding Mortgages

5 Common Mortgage Mistakes To Avoid

January 1, 2022

It’s all about common sense. You apply for a mortgage, and the lender expects you to be completely open about your financial picture and to use common sense while the […]

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New house keys in door lock

Understanding Mortgages

Eliminate Mortgage Closing Surprises With These Tips

January 1, 2022

You’ve gotten through the hard part of getting a mortgage. Your application is approved. Now, you are just waiting for that final step – the closing. This is when the […]

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Picking between an ARM loan or fixed-rate mortgage

Conventional Loans · Understanding Mortgages

What Is The Difference Between Adjustable-Rate And Fixed-Rate Mortgages?

November 22, 2021

Comparing fixed-rate and adjustable-rate mortgages Most home shoppers choose fixed-rate mortgages without much thought about adjustable-rate mortgages. But you may be surprised to learn both types of mortgages have advantages. […]

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Whats the difference between interest rate and APR

Understanding Mortgages

What’s the difference between interest rate and APR?

May 19, 2021

What’s the difference between interest rate and APR? The interest rate is the amount a lender charges you for a loan, expressed as a percentage of the total loan amount. […]

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