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Gift Funds
by admin | March 18, 2020 | Assets, Gift Funds | 0 Comments
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
by admin | March 15, 2020 | Assets, Mortgage Insurance | 0 Comments
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
by admin | March 13, 2020 | Assets, Closing Costs | 0 Comments
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
by admin | March 12, 2020 | Assets, Down Payment | 0 Comments
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...
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