Blog
What Types Of Mortgage Loans Are Available?
http://bucket.wistia.com/medias/u0zbktwb8c?embedType=async&videoFoam=true&videoWidth=640 This video tells you about the most common types: Fixed Rate, ARM, Balloon and 2-Step. First, Fixed Rate Mortgages: Payments remain the same for the life of the loan generally 15...
What Is Loan To Value (LTV) And How Does It Affect The Size Of My Loan?
http://bucket.wistia.com/medias/0jlgvg8jzz?embedType=async&videoFoam=true&videoWidth=640 While this video simplifies things to help you remember, the loan to value ratio is the amount of money you borrow compared with the price or appraised value of the home you are...
What Is A Mortgage?
http://bucket.wistia.com/medias/7thuig95ja?embedType=async&videoFoam=true&videoWidth=640 The original phrase “mort gage” translates as “death pledge”! But as this video explains, a mortgage is a loan obtained to purchase real estate. The "mortgage" itself is a lien -...
Are There Special Mortgages For First-Time Homebuyers?
http://bucket.wistia.com/medias/9ckah5s254?embedType=async&videoFoam=true&videoWidth=640 Yes. Like the video shows, lenders now offer several affordable mortgage options which can help first-time homebuyers overcome obstacles that made purchasing a home difficult in...
What Are “Home Warranties”, And Should I Consider Them?
http://bucket.wistia.com/medias/q99gopluvf?embedType=async&videoFoam=true&videoWidth=640 You’ll see some pictures in this video to help you remember later, but essentially, home warranties offer you protection for a specific period of time, such as one year, against...
What Is Earnest Money, And How Much Should I Set Aside?
http://bucket.wistia.com/medias/qycoqlel07?embedType=async&videoFoam=true&videoWidth=640 Like the video shows, “earnest money” is money you put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate good faith and is...
