MORTGAGES

What are the costs of owning a home?
When you are ready to buy a home you must consider that the monthly mortgage cost is not the only cost you will face. Maintenance costs such as appliances n...
Thu, Nov 7, 2019 at 12:21 AM
What is a construction-to-permanent mortgage loan?
A construction-to-permanent loan is a construction loan for homebuilding that simply modifies (or rolls) to the permanent loan at the end of the constructio...
Thu, Nov 7, 2019 at 12:21 AM
What is a dwelling?
A dwelling is a residential structure that contains one to four units, whether or not the structure is attached to real property. This can include an indivi...
Thu, Nov 7, 2019 at 12:22 AM
What is a mortgage loan Due-On-Sale Provision?
A mortgage loan Due-On-Sale Provision covenant is a conventional mortgage that allows the lender to call the mortgage due and payable if ownership of the mo...
Thu, Nov 7, 2019 at 12:23 AM
What will happen at the mortgage closing?
At closing, you, your agent, the seller, the sellers agent (in most cases), and the settlement agent, will sit down to go over the legal documents regarding...
Thu, Nov 7, 2019 at 12:23 AM