There are buyer’s agents and seller’s agents.  The agent must tell you who they are representing.  This can be done with a disclosure agreement that you sign that clarifies whether or not the agent is working for you or the …

Applying online can be a very simple and easy way to apply for a home loan.  No lines, no hassle, etc. Just make sure all your information is safe.  Make sure the lenders website is secure.

After you find a lender, …

Correspondent lenders are like mortgage bankers.  The correspondent lender makes the decision on the loan and funds the loan with its own sources.  Once the loan has closed the correspondent lender sells the loan to another lender at a pre-negotiated …

Property taxes are taxes that are based on the assessed value of your home.  They are paid by you for community services such as public works, schools, and other costs of your local government. 

Taxes are paid as part of your …

A bankruptcy obviously reflects badly when wanting to refinance your mortgage.  Your credit takes a beating.  Therefore the lender believes you will not repay any amount.

If you filed chapter 7 most likely you are still in your home.  You may …

A home appraisal is a survey that is completed by a professional.  It is their opinion of the property market value.  An appraisal is usually done for a lender when a home is being approved for a loan. 

It is a detailed …

Well there are four elements.

There is the principle which is the amount you wish to borrow and which must be repaid.

Next is interest.  That is the cost that the lender will charge you to use their money while you pay …

To start searching for a 15 yr fixed mortgage rate you can start on the internet.  Just type in “15 year fixed mortgage rates?  Then you can pay off your home in a short amount of time.  Beats 30 years …

Did you know you can make money by having a mortgage?  We think of constantly paying out our monthly payment.  Feeling like we are going to the poorhouse when we are actually building equity.

Equity home loan mortgages can help with …

FHA offers a guarantee to the mortgage company for the loan the company is lending to you.  You can pay as little as 3% of the purchase price of the house and finance your closing costs. 

You can buy a house …