Choosing the right mortgage may seem confusing because there are so many different options and variables within each option. This article intends to clarify what the differences are between mortgage types and the terms related to each […]
Selling or buying property is likely one of the largest transactions most people will ever make. Working with a professional Realtor will make the process as stress-free and efficient as possible. Realtors have the education, qualification, experience […]
For most people, a home is the single largest investment they will make in their lifetime. It goes without saying that taking some time to research real estate options and evaluate needs and wants in a home […]
There are a set of mathematical formulas (referred to as “qualifying ratios”) that lenders use to determine what a buyer can afford to pay monthly and subsequently limit the loan amount to the lesser of the two […]
A point (also known as a discount point) is a fee that the buyer must prepay and is equal to 1% of the total amount of principle borrowed from a lender. For example, if the buyer borrows $200,000, […]
