40-Year Mortgage: Pros, Cons, And Alternatives

A 40-year mortgage is a long-term mortgage that allows borrowers to make payments over a period of 40...

7 min read May 13, 2024
40- Year mortgage

What Is a No-Closing-Cost Mortgage and Is It Worth It?

No-closing-cost mortgage allows you to avoid paying closing costs upfront. You can either roll them into the mortgage or pay higher...

5 min read May 10, 2024
What is a no closing cost mortgage

Mortgagor: Who They Are and What Are Their Responsibilities

A mortgagor is a borrower who borrows money to purchase a property and agrees to repays over a specific...

6 min read May 10, 2024
Mortgagor

What Are FHA Multifamily Loans and Their Requirements

Learn about FHA multifamily loans, including low down payment, favorable rates, and property restrictions. Determine if it's the right financing option for your multifamily...

7 min read May 09, 2024
FHA Multifamily Loan

FHA Non-Occupant Co-Borrower: Guidelines for Homebuyers

Learn how an FHA non-occupant co-borrower can help you qualify for an FHA loan and achieve homeownership. Discover the guidelines, benefits, and requirements of this program for expanding your homebuying...

5 min read May 09, 2024
FHA Non-Occupant Co-Borrower

Conditional Approval: What Is It and What Are Its Benefits?

Conditionally approved means that the mortgage approval is almost done but would require additional documents to grant the...

6 min read May 09, 2024
Conditionl approval

What Is Mortgage Curtailment and What Are Its Benefits?

Mortgage Curtailment is the additional payment made against your existing mortgage. Thus, reducing the outstanding mortgage...

4 min read May 09, 2024
What is mortgage curtailment

Mortgage Processor: Who They Are and What Do They Do?

A mortgage Processor is an individual who is in charge of gathering and verifying any data related to the mortgage...

6 min read May 09, 2024
Who is mortgage processor

Holding a Mortgage: Definition, Pros, and Cons

The homeownership rate in the second quarter of 2023 in the US was around 66%. That’s about 230 million Americans.  If you are also looking to buy a house, you must understand which type of...

6 min read May 09, 2024
Holding a mortgage

7 Best Places to Live in New Jersey in 2024

Americans love New Jersey! And why wouldn’t you? From breathtaking mountain ranges and exciting boardwalks to charming small towns and world-class universities, the Garden State offers something for every...

1 min read Apr 09, 2024
Best places to live in NJ

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