When you get a second mortgage, you use your home as collateral to gain access to cash locked up in the value of your home.
An escrow account is for making payments toward your real estate fees like taxes and insurance. It helps make these fees more manageable through monthly installments rather than paying a large lump sum when these bills are due.
Curious about buying a foreclosed home? Here's what you need to know to get started.
A condo refi is similar to refinancing any other home. The lender will look at your income, assets, and credit to ascertain your qualification. Plus, the condo will also be appraised to determine the property value. However, since there are more variables when refinancing a condo, such as shared amenities, lenders usually conduct a condo review.
Let's take a closer look at the home inspection process so you know what to expect, and what the inspection does and does not include.
Read this post to learn the factors that determine if and when you can get rid of your mortgage insurance.
While some remodeling projects add value to your home, others do little to increase it and may even make your home less desirable to potential homebuyers.
Low supply happens when there's an abundance of buyers but not enough houses for all of them. Many call it a
New FHA loan limits were recently announced, which is good news for home buyers and those looking to refinance their current loans.
Does buying a house help or hurt your credit score? Read to find out.
Read and share this article with other first-time home buyers to help them spot these common errors before making them.
Let's take a closer look at the homebuying timeline so that you can better prepare for the exciting transition.
In this article, you'll learn what home equity loans are and how to qualify.
In this article, you'll learn how the two companies operate and how they impact the mortgage market.
Today, we want to focus on costs called
Are you thinking about making an offer on a new condo construction? Read this article to find out some helpful tips.
An origination fee is part of the multi-step process of getting a loan and includes the cost of processing the application, underwriting, and financing the loan. The lender may combine the fees into one charge or may list each one individually.
A contingent offer is an offer that has been accepted with the final sale depending on meeting specific criteria. What sort of criteria? That's what this article will explain.
Here is everything you need to become an expert at managing your credit.
Trying to decide an urban or suburban life? Before hastily deciding which option is better, let's take a closer look at life in each of these settings.
