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Gift Funds

Gift Funds Are you one of those lucky people who have family with money to spare? AND they said they’d help you with your down payment and funds to close? Will they adopt me? If you’re one of the lucky ones, there are easy ways and hard ways to get and document gift...

Mortgage Insurance

Mortgage Insurance Sometimes it’ll be referred to as MI or PMI by your loan officer or in some of the documentation you receive. Essentially, mortgage insurance is a product that mortgage lenders use, and agencies require, to mitigate the risk that comes from putting...

Closing Costs

Closing Costs Source: https://www.zillow.com/sellers-guide/closing-costs-for-sellers/ "Seller closing costs are a combination of taxes, fees, prepayments and services that vary depending on your location. Closing costs can differ due to variations in local tax laws,...

Down Payment

Down Payment Source: https://www.zillow.com/mortgage-learning/down-payments/ "Buying a home is often one of the most expensive endeavors one will take throughout their life, so it’s not surprising that saving for a down payment remains a major hurdle for many...