What happens at closing?
The property is officially transferred from the seller to you [...]
What is 80-10-10 financing?
Surprising as it may seem, some folks with hefty incomes [...]
What is PMI (Private Mortgage Insurance)?
On a conventional mortgage, when your down payment is less [...]
What is an appraisal?
An Appraisal is an estimate of a property's fair market [...]
What can I do to improve my credit score?
Credit scoring models are complex and often vary among creditors [...]
How is my credit judged by lenders?
Credit scoring is a system creditors use to help determine [...]
What documents do I need to prepare for my loan application?
Below is a list of documents that are required when [...]
What does it mean to lock the interest rate?
Mortgage rates can change from the day you apply for [...]
What is an APR?
The annual percentage rate (APR) is an interest rate reflecting [...]
Should I pay points to lower my interest rate?
Yes, if you plan to stay in the property for [...]
