When considering the many mortgage loan programs that are available, you may find yourself overwhelmed. Click on a mortgage loan type to get a primer (in layman’s terms) on how a particular mortgage plan works. Fixed-Rate Mortgage – A mortgage loan program where the interest rate does not change for the life of the loan. […]
33 results for 'Buy & Sell'
You’ve found the perfect home, the terms have been agreed upon, the contract has been signed, you’ve chosen a lender and applied for your loan. Now it’s time for the title request to go to the title and closing company. Most lenders will ask if you have a preference for a particular company. What Happens […]
First things first! Homeowner’s Insurance You will need to obtain a homeowner’s insurance policy for the property you are purchasing. Your lender requires this insurance. Cashier’s Check A cashier’s check is required for any final closing cost amounts over $100 and should be payable to yourself. Identification At closing, you will be asked for a […]