Getting a mortgage loan is not easy. It can be a lengthy, complicated, and expensive process. Mortgage lenders will comb through your financial status and documents to assess the risk of giving you a loan. And they will do an extremely thorough job of it too because lenders don’t want to make a mistake and…
There are a lot of reasons to refinance your home. This can include receiving cash from your property, lowering your monthly payment and/or shortening the term of your loan. That’s all well and good, but are you wondering what happens when you refinance your home? How does it work logistically? What’s the effect it has…
If you are looking to buy a house, understanding the common real estate language can be difficult at first. As you contemplate your mortgage options, you may come across the term junior mortgage. But what is junior mortgage and how does it work? Below you’ll find the answer your questions on junior mortgages and give…
For most first-time homebuyers, mortgage loans can be challenging, to say the least. With all the real estate jargon, paperwork and more it’s easy to feel confused and overwhelmed. There are a lot of different types of mortgages out there which makes all these seem even more overwhelming. But knowing about the different options…
As a reward for the bravery and risk that many military personnel and their families take on, the government (and some businesses) offers a number of helpful policies for veterans. One of these is the ability to get Veterans Affairs loans, also known as VA loans. Let’s find out more about VA loans below. What…