Mortgage learning center.
Mortgage Subordination Explained
Mortgage Subordination Explained A mortgage subordination is when a lien holder of a fixed-rate second mortgage or a Home Equity Line ...
Debt-To-Income Ratio
Debt-To-Income Ratio Debt-to-income ratio is a calculation performed by the person underwriting your home loan application. It compares the total amount ...
War, Crisis and Mortgage Rates
War, crisis, and mortgage rates….three words you usually don’t hear together. When we have the potential for war, armed conflict, or ...
30-Year Fixed Vs. 15-Year Fixed
30-Year Fixed Vs. 15-Year Fixed The 30-year fixed vs. 15-year fixed mortgage debate has been going on for decades! Every homeowner ...
Government Shutdown – Impact On Mortgages
Government Shutdown – Impact On Mortgages Every year, politicians in Washington claim there will be a government shutdown. Since 1980, there ...
When Not To Refinance
When Not To Refinance Refinancing your current mortgage doesn’t always make sense, and here are some guidelines for determining when not ...
Buying Down The Rate
Buying Down The Rate Buying down the rate is when you pay a fee to the mortgage lender for a lower ...
Loan Estimate Explained
Loan Estimate Explained The Loan Estimate is an informational document the mortgage company provides within three days of you completing a ...
Down Payment Requirements For A First-Time Homebuyer
Down Payment Requirements For A First-Time Homebuyer As a first-time homebuyer, you have several loan program options when it comes to ...
Determining A Home Purchase Budget
Determining A Home Purchase Budget Figuring out your home purchase budget is a big part of the process. To determine that, ...
