Applying for a mortgage loan usually involves many people, forms, fees and more. And all this can get a bit confusing. The most important persons in a mortgage loan are the borrower, which is you, and the mortgage owner. It is pretty much the consumer and the provider, in a business sense. But who exactly…
One of the first things anyone getting a mortgage wants to know is what their monthly payment will be. It can be a long process before you get that payment amount. You must first undergo pre-qualification and pre-approval for your mortgage. Both processes involve figuring out the amount of mortgage loan that you can borrow. …
Are you both a business owner looking for financial support and also trying to get a mortgage? If so, will a business loan affect getting a mortgage? If you are both in need of a business loan and a mortgage, you have come to the right place. Loans can be difficult to understand. Yet, it…
Purchasing a home for the first time is a huge learning experience. There are many terms you need to know for the process, including a mortgage loan payable or mortgage payable. So what exactly is it? Mortgage loan payable refers to the unpaid principal balance on a house loan. In more simple terms, this is…
If you’re in the middle of a lawsuit and want to buy a home, you may be wondering “can I get a mortgage with a civil lawsuit pending?” A civil lawsuit may result if you break your lease and are evicted. If this series of events occurs, this can be quite worrisome, particularly if you…