What happens during the appraisal?
The primary purpose of the appraisal is to determine the value of a property using similar properties called "comparables."
Impound Accounts
Most mortgage loans come with an impound account for paying property taxes and homeowner's insurance. Impound accounts are pre-funded at closing. And an impound (or escrow) analysis is conducted by your lender once a year.
What the heck is APR?
APR is the government's attempt to confuse you. Just kidding. Sorta.
Large Deposits
During the mortgage process, you will be asked to document large deposits into your bank account.
Shopping for Homeowner's Insurance
Protect your investment by choosing the right homeowner's insurance.
Important Mortgage Dos and Don'ts
Important tips to remember while your mortgage loan is in processing.
I'm A Little Different
I'm a little different than most mortgage lenders.