February 20, 2020
If you are among the many mortgage borrowers who isn’t clear on the difference between mortgage term and mortgage amortization, here is a simple explanation to help clarify.
Posts from the ‘First-time Home Buyers’ Category
July 20, 2017
Here is a summary of the documentation lenders will typically require from self-employed borrowers on refinance and renewal transactions.
July 20, 2017
Here is a summary of the what lenders generally ask salaried borrowers for on refinance and renewal transactions.
July 20, 2017
Here is a summary of the what lenders generally ask self-employed borrowers for on purchase transactions.
July 20, 2017
Here is a summary of the what lenders generally ask salaried borrowers for on purchase transactions.
July 19, 2017
This post provides a detailed explanation of how your credit score is calculated.
May 23, 2017
Did you know that home buyers who make down payments of less than 20% of their purchase price have access to lower mortgage rates than buyers who put down more than that? This comes as a surprise to many borrowers. After all, doesn’t loan risk decrease as the down payment increases? Why should borrowers who have less skin in the game enjoy lower rates?
July 6, 2011
Independent mortgage brokers don't just save you money, they give you access to a range of options you probably didn't even know you had. Today's post explains.