Latest Articles

What Is a Mortgage Impound Account?

By now, you’ve likely heard the term “escrow” more than a few times throughout your home buying experience. However, the role of a mortgage escrow impound account is very different than the real estate escrow account used by buyers and sellers when closing on a new home. So what is a mortgage escrow impound account? […]

What is the Difference Between Investment Property...

Whether a residence is classified as a second home or an investment property, matters when it comes to mortgage loans. People sometimes use the terms “investment property” and “second home” interchangeably to describe real property that is not their primary residence, but there are some very distinct differences between these types of properties. What real question […]