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Can I Pay Off My Loan Ahead Of Schedule?

http://bucket.wistia.com/medias/orhduva61n?embedType=async&videoFoam=true&videoWidth=640 Usually, Yes. Like the guy in the video says, by sending in extra money each month or making an extra payment at the end of the year you can accelerate the process of paying off...

What Types Of Mortgage Loans Are Available?

http://bucket.wistia.com/medias/teo0p0grf0?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 A Mortgage?

http://bucket.wistia.com/medias/fsv7lj3oi8?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/cayhop79hd?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 Is Earnest Money, And How Much Should I Set Aside?

http://bucket.wistia.com/medias/bl2n6j2eps?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...

What About A Home Located In A Flood Plain?

http://bucket.wistia.com/medias/2cdrn9utds?embedType=async&videoFoam=true&videoWidth=640 A flood plain is an area of land adjacent to a stream or river that experiences flooding during periods of high discharge. Watch this video and it’ll make sense. If you live in a...