Mortgage Points Explained
If you’re in the process of purchasing or refinancing a home, chances are you’ve come across the term mortgage points.
If you’re in the process of purchasing or refinancing a home, chances are you’ve come across the term mortgage points.
It's easy to forget about the cost of closing on a home. And more often than not, buyers are surprised by how expensive closing costs can be. It's important to be aware of what closing costs are so you can make educated decisions about your mortgage.
Although a 20% down payment is recommended, it’s not necessarily required. There are options to put down much less, but it may not necessarily be the best decision for you.
If you’ve been researching the home buying process you’ve probably stumbled upon the term origination fee. Mortgage origination fees are upfront costs that must be paid to the lender in exchange for originating your mortgage.
“Forbearance” is becoming quite a common term these days as the Coronavirus pandemic continues. As the word becomes more popular, it’s increasingly important for those who could benefit from forbearance be aware of what the term actually means.
As the Coronavirus pandemic continues, financial uncertainty has unfortunately become the norm for many families. However, many homeowners may be able to catch a break through cash-out refinances. Refinancing involves...
Intro to Mortgages / Refinance
Refinancing is the process of paying off your original mortgage and replacing it with a new one. If your current financial situation is different from what it was when your first mortgage was originated, you may benefit from a refinance.
A VA loan is a home loan that is guaranteed by the United States Department of Veteran Affairs. The loan is designed to help make home ownership possible for those who are currently serving or have served in the military.
Having your mortgage application denied is probably a lot more common than you think. The truth is, there are a wide variety of reasons as to why you might not get approved.
We all know that building home equity is good, but why? How is home equity helpful? Before we get into why you want to build equity in your home, we need to learn what home equity is.
We’re committed to making the home loan application process as easy as possible. To that end, we have developed our very own mobile app, Jet Direct Mobile.