Adjustable Rate Mortgages – The PROS & CONS
Now that you know what an ARM is and how it works, you may be wondering what the advantages and disadvantages are. So let’s explore that issue.
Welcome to My New Website
Welcome to my new and improved real estate website. I invite you to look around and see what is available.
FICO® Scores And Your Mortgage
When reviewing the credit worthiness of a borrower, an underwriter would make a subjective decision based on past payment history.
Your Savings And Down Payment
When preparing to buy a home, the first thing many homebuyers do is look at the real estate ads in newspapers, magazines and listings on the Internet.
Items You Need When Applying For A Loan
It used to be that lenders mailed out verifications to employers, banks, mortgage companies, and so on, in order to verify the data supplied by borrowers.
FICO® Score – A Brief Explanation
When you apply for a mortgage loan, you expect your lender to pull a credit report and look at whether you’ve made your payments on time.
Documenting Your Assets – Verifying Your Down Payment
With the exception of no asset verification loans, lenders want to verify where the money for your new home will be coming from.
Closing Costs When Buying Or Refinancing A Home
This is a detailed summary of costs you may have to pay when you buy or refinance your home.
Adjustable Rate Mortgages – The Basics
An adjustable rate mortgage (ARM) has an interest rate that fluctuates periodically. This is in contrast to a fixed rate mortgage, which always has the same interest rate.
Why Do You Need Title Insurance?
It’s a term we hear and see frequently – we see reference to it in the Sunday real estate section, in advertisements and in conversations with real estate brokers.
