What is home owners insurance? Home owners insurance is a sort of coverage for private homes and their annexes. Its main purpose is to cover the premises, their contents and
What is mortgage Interest? Mortgage interests are costs due for the use of home loan credits. These must be paid periodically, usually monthly, to the credit provider until the loan
What is a Jumbo loan? A jumbo loan (aka jumbo mortgage) is a mortgage for an amount that exceeds the lending limit set by the Federal Housing Finance Agency (FHFA).
Interest only mortgage definition An interest only mortgage is a home loan in which you pay only the interest on the principal balance for a fixed term, usually between 5
What is a mortgage loan modification? Mortgage loan modification, also called debt rescheduling, is the fact of changing the terms of a mortgage from the agreements in the original contract.
What is a home equity line of credit? Home equity line of credit corresponds to the maximum amount of money that the bank agrees to lend you by taking a
Hard Money Loans Hard money loans are nothing but financing secured by an asset. That is, the funds are secured by real property in order to protect the lenders. Since
Fixed Rates Mortgage There are many different mortgage products available to individuals who are planning to purchase a new home or do a mortgage refinance. Some of the more popular
FHA loan An FHA home loan is a type of mortgage guaranteed by the US Federal Housing Administration. A FHA loan can be provided only by FHA-approved lenders in the
Simple Tips to iPhone 7 When you want to use your iPhone with a SIM card from your other operator, you must unlock your equipment. The unlocking is a necessity
