A mortgage escalation clause is a contractual provision that allows for payment increases under specific...
A mortgage contingency is a critical clause in home purchase agreements that protects buyers if they...
Mortgage bankers and brokers both assist with home loans but operate differently. Knowing these differences...
The margin in an Adjustable-Rate Mortgage (ARM) is the fixed percentage added to the index rate, determining...
Manufactured home loans provide specialized financing options for factory-built homes, differing from...
LTV and CLTV are vital financial ratios used by lenders to evaluate loan risk based on your property's...
The Federal Home Loan Bank (FHLB) system functions as a "bank for banks," providing reliable, low-cost...
Equity stripping is a practice where a property's value is deliberately diminished, often through fraudulent...
A draw period is the timeframe when you can borrow funds from a revolving line of credit, such as a HELOC....
A Deed of Trust is a legal document used in many states to secure a real estate loan. It involves a neutral...