Category: Purchasing a Home

One of the things you’ll pay for when getting a mortgage loan is an origination fee. Here’s what you need to know about origination fees and why you pay them.

When you’re navigating the mortgage process, it’s easy to get overwhelmed by all the terminology. Two of the most commonly confused terms are conventional loans and conforming loans. While they

When applying for a home loan, you’ll quickly find there are many mortgage options available. The two main categories are conventional and government-insured loans. While both have their benefits, government-backed

After years of faithfully making your mortgage payments, you might be surprised to receive a check in the mail from your escrow account. If you don’t remember much about escrow

A title search is a crucial part of the home-buying process. It ensures that the seller has the legal right to transfer ownership and that no outstanding issues, like liens

If you are in the market for a home loan, an adjustable-rate mortgage may be very attractive in today’s higher rate climate. So, if you’ve looked into ARM loans, you

When market interest rates are lower than your current mortgage rate, it often makes sense to refinance into a new home loan to take advantage of the savings from lower

There are many ways to structure a loan for buying a home. One lesser-known way is with an assumable mortgage. Here’s what that means and how it works: What is

As you go through the mortgage process, you may encounter the acronym PITI in some of your documents. No, this does not mean your mortgage company is taking “pity” on

As you begin the process to get a new mortgage, whether for a home purchase or a refinance loan, your lender will order an appraisal for the property to determine