Latest Articles

Monthly Mortgage Payment Breakdown

A mortgage is a long-term loan designed to help you buy a house. In addition to repaying the principal, you also have to make interest payments to the lender. The home and land around it serve as collateral. But if you are looking to own a home, you need to know more than these generalities. This concept also applies to business, especially concerning fixed costs and shutdown […]

Understanding Cash To Close

Cash to close refers to the final amount of funds a borrower needs to finalize a real estate purchase or refinance transaction. This figure can be made from a combination of or all of the following sections: Closing Costs Pre-Paid Items Down Payment For a purchase, these funds can include the down payment in addition […]

What Is Credit?

Imagine this: You just applied for your first credit card and it’s deemed for individuals with “excellent” credit. You have no idea what your credit score is but you went through with the application because you believe you are an excellent candidate. You’re excited to receive the application back with the hopes for a new line […]