17 Mar 2022 First Time Home Buyers Guide Buying a home is a huge deal! It’ll likely be the largest financial transaction of your life, and regardless of how cut-and-dry the process might seem (or not seem), it requires a lot of time and thought so you’re making the most informed decisions. Especially now, with interest rates on the rise, it’s very important […] Share on Facebook Share on Twitter
25 Aug 2021 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 […] Share on Facebook Share on Twitter
1 Jun 2021 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 […] Share on Facebook Share on Twitter
27 Apr 2021 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 […] Share on Facebook Share on Twitter
22 Apr 2021 4 Major Reasons Households in Forbearance Won’t ... There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t happen. 1. Almost 50% Leave Forbearance […] Share on Facebook Share on Twitter