by Admin | Jun 30, 2021 | Closing Process
Escrow is a contractual arrangement in which an escrow Agent maintains money and documents until the deal is done and escrow is closed. This earnest money check and contract are held in what is called an escrow account. Read further to learn more about what escrow is,...
by Admin | May 12, 2021 | Refinancing
As a homeowner, you know that interest rates are constantly changing. You might find a better deal today than you did when you mortgaged your home. If that is the case, refinancing your mortgage could be a smart way to save money. Refinancing with your current lender...
by admin | Oct 15, 2020 | Real Estate Financial Help
Often referred to as seller concessions, seller credits are offered to buyers or asked for by buyers. These credits allow the buyer to finance their closing costs and purchase a home with less cash down. However, it is not always that cut and dry. Here is what you...
by admin | Oct 10, 2019 | Real Estate Financial Help
If you haven’t heard of the loan to value ratio, also referred to as LVR, it plays a crucial factor when applying for a mortgage. This ratio is the amount of money you borrow from your lender, divided by the purchase price of the home, and then expressed a percentage....
by admin | Mar 30, 2017 | Real Estate Financial Help
Millennials everywhere are starting to settle down and have started looking for a house to call their own. However, going from a $600 rent payment to a $1,500 mortgage payment, for example, is a steep jump to make. So it is better to be prepared. Before you take the...
