What is Private Mortgage Insurance?
There are various ways to finance the purchase of a new home. The one that many new homeowners use is to get a loan from a traditional bank or credit union, called a mortgage. But what if you aren’t ready…
Buying a Home: How to Get from Offer to Closing
If you’re new to the home-buying game, you have probably been bombarded with new terms. Escrow, home warranty, inspection contingency—one of the most important terms to know and understand is “closing.” What is closing? Closing is an appointment, most often…
15 versus 30 Year Fixed Mortgage
A loan for the purpose of purchasing a home, called a mortgage, is an agreement between a borrow and a lender for a specific amount of money. To be borrowed at a specific interest rate and for a specified length…
