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Jan 1, 2019
Let's Play Mortgage Lingo Bingo: Interest Rate
Interest Rate When you borrow money to purchase a home, you pay interest on that loan according to rates set by the market. Rates change...
Jan 1, 2019
Let's Play Mortgage Lingo Bingo: Closing Costs
Closing Costs Closing costs are a one-time payment due when you close your loan. Everyone’s closing costs vary slightly, but below are a...
Jan 1, 2019
Let's Play Mortgage Lingo Bingo: Disclosures
Disclosures As your lender, I’m required to provide to you certain informational documents throughout the loan application process so...
Jan 1, 2019
Let's Play Mortgage Lingo Bingo: Loan Types
Loan Types Conventional Loans: The lender assumes the risk for lending you money. As a result, these have more stringent credit...
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