Application Checklist
Below is a list of documents that are required when you apply for a mortgage. However, every …
CREDIT
Credit history is a recorded file of past and current credit that is utilized to compile a credit …
Closing Costs
A closing cost is a payment required to finalize a home loan and is separate from a down-payment. …
Appraisals
A closing cost is a payment required to finalize a home loan and is separate from a down-payment. …
Private Mortgage Insurance (PMI)
On a conventional mortgage, when your down payment is less than 20% of the purchase price of the …
Refinance
It's generally a good time to refinance when mortgage rates are 2% lower than the current rate on …
Mortgage Glossary
Please click on the letter below to skip to the definition of the word you are looking for. …
Foreclosure
Foreclosure when a homeowner is unable to make principal and/or interest payments on their mortgage. …