How Do I Calculate My Mortgage Payment Without Using A Mortgage Calculator?
Calculating an exact mortgage payment without a calculator on a loan is no small task, but there are some simple rules-of-thumb you can use…
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Clear answers and practical insights for renovation financing, homeownership, and the mortgage process.
Do I Have To Continue Making My Mortgage Payment If My Lender Goes Bankrupt?
When mortgage banks go out of business and are essentially taken over by the FDIC, homeowners are left wondering if they still need to…
Read MoreShopping For A Hazard Insurance Policy
When shopping for a hazard insurance policy, something called "bundling" can actually save you quite a bit of money that most people aren't aware…
Read MoreTen Things You Can Do To Protect Your Identity
According to the United States Department of Justice, identity theft and identity fraud “are terms used to refer to all types of crime in…
Read MoreIs There A Rule-of-Thumb Regarding The Number Of Credit Lines To Have Open?
While the actual credit score has a big impact on a loan approval, it's not the only component of the credit scenario that underwriters…
Read MoreAlternate Sources For Establishing Credit
While the basic Rule-of-Thumb for acceptable credit history is a minimum of four trade lines documented on a credit report, there are alternative methods…
Read MoreWhat’s The Difference Between A Single Family, Second Home and Investment Property?
When applying for a mortgage, a borrower's "Occupancy Type" is a major factor in the amount of down payment required, loan program available and…
Read MoreWhat’s My Debt-to-Income (DTI) Ratio?
Debt-to-Income (DTI) is one of the many new mortgage related terms many First-Time Home Buyers will get use to hearing. DTI is a component…
Read MoreCalculating Loan-to-Value (LTV)
Understanding the definition of Loan-to-Value (LTV), and how it impacts a mortgage approval, will help you determine what type of loan amount and program…
Read MoreCommon Documents Required For A Mortgage Pre-Approval
It's important to know what documents are required for a mortgage pre-approval. Even though many lenders are still quoting quick 10 minute pre-qualifications over…
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