What is warranty of title?
Warranty of title When buying a home, you may encounter mortgage and real estate terms that are unfamiliar. Warranty of title is a valuable term [...]
What happens when you pay off your mortgage
What happens when you pay off your mortgage? Are you getting close to paying off your mortgage? Congratulations, what a significant achievement in the [...]
Explained: The term escrow has multiple meanings
The term escrow has multiple meanings Have you ever driven by a home for sale in your neighborhood and noticed the realtor’s sign changed from [...]
What is Proof of Funds?
What’s a Proof of Funds letter? Have you been asked to provide Proof of Funds but aren’t sure what funds qualify or where to get [...]
What does approved with conditions mean?
Approved with conditions After mortgage pre-approval and contract acceptance, your loan is submitted to processing and underwriting. Before you get final approval, your loan [...]
What do mortgage lenders look for on bank statements?
What do mortgage lenders look for on bank statements? When applying for a mortgage, you’ll be asked to provide documentation proving employment, bank accounts, [...]
Can you get pre-approved for a mortgage online?
Can you get pre-approved for a mortgage online? From clothing to cars, you can shop for almost anything without leaving the comfort of your [...]
What affects your mortgage application?
What affects your mortgage application? Have you taken an exciting step towards homeownership by filling out an application for a home loan? When [...]
What is a pre-approval letter?
What's a pre-approval? Also known as a commitment to lend, a pre-approval is our promise to give you a loan based on certain terms [...]
What is a deed to a home?
What is a deed to a home? Also known as a property deed, house deed or warranty deed, the deed to a home is [...]