An interest-only mortgage starts with payments that only pay down the mortgage interest. Generally, this makes your monthly payments lower than a typical mortgage payment.
If you're applying for a home loan within the next few months and considering taking out a loan or applying for new credit before then, you'll want to get the facts.
A lien is a property right someone else has on your property and gives the lienholder legal power to take your property as compensation if you default on your payments or break the contract terms.
Have less-than-optimal credit? That doesn't necessarily mean you have to put your dreams of homeownership on pause.
Here's what you need to know about working with an agent and how to go about purchasing a home without one should you choose to.
A home equity line of credit (HELOC) is a type of mortgage loan that acts similar to a credit card, except the line of available credit is tied to your home's equity.
But despite this stiff competition, it's still a great time to buy! Here are the top advantages of getting preapproved for a mortgage before getting serious about shopping for a home.
In this blog, we'll go over how a title company determines legal ownership and the process of transferring the title.
When you get a second mortgage, you use your home as collateral to gain access to cash locked up in the value of your home.
