Resources

Which refinancing option is best for you? There aren't as many refinance loan programs as there are applicants, but at times it feels like it! We can help you choose the refinance program that will fit your needs the best. Contact us at 800-707-3683 to get started....

What you need to get ready before applying for a mortgage loan. In general, the documentation you will need includes: Check for application fee Property Information (if you already have a contract on a house) Purchase Agreement Copy of legal description and MLS sheet....

What is the difference between the interest rate and the A.P.R.? You'll see an interest rate and an Annual Percentage Rate (A.P.R.) for each mortgage loan you see advertised. The easy answer to "why" is that federal law requires the lender to tell you both. The A.P.R....

Private Mortgage Insurance helps you get the loan. Private Mortgage Insurance, also known as PMI, is a supplemental insurance policy you may be required to obtain in order to get a mortgage loan. PMI is provided by private (non-government) companies and is usually...

Before deciding on what terms they will offer you a loan (which they base on their risk), lenders must find out two things about you: whether you can pay back the loan, and if you will pay it back. To understand your ability to pay back the loan, they look at your...

To finalize the sale of the home a neutral, third party (the escrow holder, a.k.a. escrow agent) is engaged to assure the transaction will close properly and on time. The escrow holder ensures that all terms and conditions of the seller's and buyer's agreement are met...

"Closing Costs" are the fees that cover the various services involved in the sale of residential real estate. Buyers and sellers negotiate to decide how to share these costs. As indicated below, many of the buyer's closing costs are related to the costs of originating...

What information will be needed for the application (and how it's kept private)? Anything you submit over our website is 100 percent, fully secure. And we never, ever share it with anyone except by permission -- that is, if you're giving us information you want us to...

How can you improve your credit score? It's virtually impossible to change your score in the time between when most people decide to buy a home or refinance their mortgage and when they apply. So the short answer is, you really can't "on the spot." But there are...