May 27, 2018 | Mortgage Basics
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...
May 23, 2018 | Home Buying Tips, Mortgage Basics
Did you know that a homeowners net worth is between 31 and 46 times greater than the net worth of a typical renter? That fact is pretty astounding, and one that greatly favors homeownership. As you consider purchasing a home of your own, it’s important to make sure...
Apr 14, 2018 | Home Buying Tips, Mortgage Basics
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...
