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For a typical mortgage, it takes about a month to close. Unfortunately, that’s just the expected timeframe – for some closings, it could take longer. Maybe even much longer. In most instances, the reason for a closing delay isn’t nece
Dec 28, 2015 |
If you’re just starting to learn about mortgages, you may have heard a term called “escrow” and been confused by what it means. Luckily, we’re here to help. An escrow account is a payment plan that sets aside each month the mone
Nov 24, 2015 |
If you’re currently serving or have served in the U.S. military – or you spouse did – you may be eligible for a special home loan program that can save you thousands of dollars. Insured by the Department of Veterans Affairs, a VA home lo
Nov 02, 2015 |
Everyone in the market for a new home is looking for the lowest mortgage rate possible. The lower your mortgage rate, the less money you owe per month. In other words, your rate will determine which homes you can afford and which are out of your price ra
Sep 24, 2015 |
Everybody knows that the lower your mortgage rate is, the lower the monthly payments on your home will be. The difference between a 4 percent rate compared to a 5 percent rate may seem small, but that 4 percent rate can actually save you more than $100 p
Aug 31, 2015 |
Owning a home can be one of the most rewarding experiences of your life. Ironically enough, it can also be the most costly. Your home’s mortgage is something that you have to deal with on a regular basis, and to get that mortgage, a bank had to eval
Jun 29, 2015 |