Everything You Need to Know About Escrow
What is Escrow? Put simply, escrow is a third-party financial arrangement intended to protect both sides of a large sale. It is most often used in real estate transactions, though you will likely come...
What is Escrow? Common Questions About Escrow in 2021 Answered
What is an Escrow Account? Escrow (also known as an impound account) acts like a savings account managed by your mortgage provider. Your escrow account is separate from your mortgage, but every time y...
Maximize Your Veteran Benefits by Exploring VA Loans
If you're eligible for veteran's benefits, you have access to a specialized class of home loan that may help your dreams of homeownership come true. The Department of Veterans Affairs guarantees loans...
Mortgage 101: Lingo You Need to Know
However, taking out a mortgage is not exactly a simple, or easy-to-understand, process. If you’re not well-versed in the loan lingo, you might not realize what you’re getting yourself into…and that co...
How to Plan for Unexpected Expenses When Buying a Home
But no matter how much you plan for these massive price tags, it might be the little surprise expenses that hurt the most. They tend to catch many homebuyers off-guard and can add up to a significant ...
Which Mortgage is Best for You: ARM or Fixed Rate Mortgage?
Fixed Rate Mortgage Benefits Not only will the fixed rate you secure today be the same rate 10, 20, and 30 years from now, but the 30-year fixed-rate mortgage is also attractive because you can purcha...
Affordable Home and Renovation Financing – All-In-One Loan
CHOICERenovation® makes updates easy! Funds are used for new appliances or other upgrades like a kitchen refresh or flooring update. Wait until it's move-in ready – you don't have to occupy the home d...
The 9 Most Important People in Your Home-Buying Process
Important People to Know There are nine folks you’ll get acquainted with when you buy a home. Here’s a look at each and the role they play. Real Estate Agent Some buyers have a real estate agent befor...
10 Questions for the First Meeting With Your Loan Officer
They will walk you through every step of the home loan process, from applying and submitting financial documents to closing on your home purchase, and even repaying the mortgage. But before you ever s...