As this video explains, a mortgage is a loan obtained to purchase real estate.
This video tells you about the most common types: Fixed Rate, ARM, Balloon and 2-Step.
Some mortgage options may require a down payment of 5% or less of the purchase price.
Lenders offer affordable mortgage options to help first-time homebuyers overcome obstacles.
Monthly mortgage payment pays off principal and interest, and sometimes taxes and insurance.
Like the video shows, mortgage insurance is a policy that protects lenders against some or most of the losses that result from defaults on home mortgages.
Get pointers from this short video: start by thinking about your situation, and consider some key issues.
The two don't really compare. It's worth taking a minute to consider the options.
A state license is required to sell real estate. Some take the additional step of becoming a REALTOR®. Learn why.
What are the 6 pieces of information required for a real estate loan estimate as Oct 3, 2015? This video tells you.
Lenders have to provide a loan estimate within 3 days for approved loans. Do they HAVE to approve yours?
A credit score is a number based upon your credit history that represents the possibility that you will be unable to repay a loan.
There are no easy ways to improve your score but you can keep it acceptable by maintaining a good credit history.