An assumable mortgage allows a buyer to assume the rate, repayment period, current principal balance and other terms of the seller’s existing mortgage rather than obtain a brand-new mortgage.
Having your mortgage payments automatically withdrawn from your bank account is not just convenient; it also means you’ll never have to face the negative consequences of late or missed payments.
Delinquency is a serious problem that can do long-term damage to your finances. Here are a set of practical guidelines you can use to fight it.
Additional state programs may be available if you are continuing to experience difficulty in making mortgage payments or facing foreclosure. The following state programs may be able to assist you.
If you’re considering buying a home, it’s important to understand what types of home loan options you have before you start shopping.
If you’ve decided that paying off your mortgage early is the right financial move, it’s time to figure out how you want to pay it off.
Unless you have a mortgage loan, “escrow” is a word you may not be familiar with. But in the mortgage world, you hear a lot about it. Thankfully, escrow is not hard to explain—or understand. Dive in and answer the most common questions that homeowners ask us about escrow.
Just one late mortgage payment can cost you money—and hurt your credit score. Here are some tips that can help you avoid the consequences of paying late.
Paying off your mortgage is a big deal, and there’s more to it than just sending us your final payment. This article explains how you can pay off your mortgage loan in just five easy steps.
Dealing with damage to your home can be stressful, and the insurance loss claim process can be confusing. This article explains the loss process and the steps you’ll need to take to receive your repair funds.
