Difference Between PMI & Mortgage Insurance Premium
One of the most common confusions in the home buying process is the difference between private mortgage insurance and mortgage insurance premium. So what's the difference?
All About Annual Percentage Rates
An annual percentage rate (APR) is the amount you’ll pay in interest plus extra fees. Essentially, this amounts to the annual price for borrowing money from your lender.
Should I get a Mortgage Pre-Approval?
You may think the words pre-qualification and pre-approval can be used interchangeably, but the fact of the matter is these words...
Improve Your Credit Score in 3 Easy Steps
Staying on top of your finances is easier said than done. Having a bad credit score can affect your chances of obtaining loans, residence, or credit card benefits.
Home Buying Help: What is Escrow?
Buying a home is often the biggest purchase you make in your life. With all that money on the line, buyers and sellers and lenders need a safe and...
Are Fixed Rate Mortgages or Adjustable Rate Mortgages Better for Me?
When you are in the market for a mortgage, one of the many decisions you’ll have to make is whether to apply for a fixed-rate loan or an...
Can I Qualify for an FHA Loan?
FHA loans (those sponsored by the Federal Housing Administration) are mortgages that allow low down payments and have relaxed credit score requirements...
4 Reasons You Don’t Want to Pay PMI
Years ago, a 20% down payment was a requirement for obtaining a mortgage loan. Putting that much money down made it less likely that borrowers...
What is the Difference Between Pre-approval and Pre-qualification?
When it comes to mortgages, there are two similar sounding terms that often confuse potential home buyers: pre-qualification and pre-approval.
Dos and Don’ts of the Mortgage Application Process
Before you go ahead with any mortgage loan process, you should endeavor to talk to your mortgage loan originator, especially if the loan will affect your financial...
Start the Home Loan Process Today With Jet Direct Mobile
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.
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