The Purpose of The Escrow
When opening an escrow, the Seller and Buyer of a piece of property establish terms and conditions to facilitate a transfer of ownership of that property. These terms and conditions are given to a third, disinterested party known as the escrow holder....... more on The Purpose of The Escrow
Being Pre-Approved
Why Pre-Approval:
* You know the terms of the financing, (how much down, loan amount, interest rate and payment)
* You know the conditions that you have to provide to obtain a mortgage
* Your financing is secure so to speak
You are telling...... more on Being Pre-Approved
What’s a Pre-Qualification?
If you do not already know, being 'Pre-Qualified' is a great place to start when you are thinking about buying a home. The 'Pre-Qualification' is based on an informal conversation, where you discuss income, assets, credit card payments and other debts ...... more on What’s a Pre-Qualification?
Obtain the Best Home Mortgage
The following items are traditionally used to support your application; however, you do not have to provide all of the documentation to begin the loan process. Most Mortgage Companies have the ability to submit a loan application on your behalf...... more on Obtain the Best Home Mortgage