Are you wondering, what is a blanket mortgage? Don’t worry! You’re not alone. Many people come across a lot of unfamiliar terms when dealing with mortgages. (Sometimes we wonder if it’s done on purpose just to confuse people!) And for some, the meanings are not very clear. That is especially true if you are new…
Some houses may not look that great. They can be outdated, bland and/or are messy enough that a simple cleaning job will not be enough. But the bones are there and the neighborhood is great so you see the potential. In this case a renovation might be just the solution you need to turn those…
Purchasing a house is likely to be the single largest expense any of us will have in our lives. And unless you’ve got a load of money to purchase your home in a lump sum, you are probably going to have to take out a loan to achieve your dream of home ownership. Usually, this…
When we talk about mortgage loans, there are a lot of terms that you will come across. Many of these terms are unfamiliar and can be hard to understand at first. That is especially true if we are new to getting a mortgage. And one of these terms that we will find when dealing with…
Every month, it comes in the mail. Your mortgage statement. If you own a house, much more likely than not, a monthly mortgage payment is just a fact of life. While we know we have to pay it, it might be less clear exactly what we’re paying for. We know it’s a payment that goes…