Basic Guide To Mortgages For First Time Home Buyers

Basic Guide To Mortgages For First Time Home Buyers

Ready to buy a new home? That’s great!  A little nervous? That’s ok too; it is the largest purchase most of us will make in our lifetime. We know that the home buying process can be unfamiliar, but we’re here to guide you through it every step of the way. To help put...
Mortgage Dictionary

Mortgage Dictionary

Adjustable Rate Mortgage (ARM): Mortgage in which the rate of interest is adjusted based on a standard rate index. Most ARM’s have a cap on how much the rate may increase. Amortization: The process through which the mortgage debt is altered usually declining, as...