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Why Is My Mortgage Escrow Account Sending Me a Check?
After making all your mortgage payments for several years, you suddenly get a check in the mail from your escrow account. If you didn’t pay close attention during your mortgage closing, you may May 02, 2023
What Is a Convertible Adjustable-Rate Mortgage?
If you are in the market for a home loan, an adjustable-rate mortgage may be very attractive in today’s higher rate climate. If you’ve looked into ARM loans, you may also have come across the term “co Apr 25, 2023
What is an Assumable Mortgage?
There are many ways to structure a loan for buying a home. One lesser-known way is with an assumable mortgage. Here’s what that means and how it works: What is an Assumable Mortgage? An assumable mort Apr 18, 2023
What do Appraisers Consider When Valuing a House?
As you begin the process to get a new mortgage, whether for a home purchase or a refinance loan, your lender will order an appraisal for the property to determine how much it is worth. That valuation Apr 11, 2023
What is Cash to Close?
As you get into the mortgage application process, you may hear your lender use the term “cash to close.” What’s the difference between this phrase and closing costs? What does “Cash to Close” mean? Al Mar 28, 2023