Mortgage Points: What Are They and How Do They Work?

✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in...

5 min read Sep 07, 2024
What is mortgage points

Mortgage Amortization: Calculate Using an Excel Template

Mortgage amortization refers to the process of paying off a mortgage loan through a series of regular payments over a fixed period of...

7 min read Sep 07, 2024
Mortgage Amortization

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 Sep 06, 2024
Conditionl approval

Mortgage Commitment Letter: How to Get One?

You'll go over a lot of documents related to your home loan and the purchase of your new home. The mortgage commitment letter is one of these necessary...

6 min read Sep 06, 2024
What is a mortgage commiment letter

Holding a Mortgage: Definition, Pros, and Cons

✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in...

7 min read Sep 06, 2024
Holding a mortgage

Refinance Before Selling in 2024: Is It Worth It?

Refinancing before selling? Consider costs, impact on equity, and potential benefits for a faster...

6 min read Aug 09, 2024
When Can You Refinance Before Selling Your Home

Mortgage Loan Limits: Why It’s Rising and How It Impacts You

✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in...

4 min read Aug 09, 2024
Mortgage loan limits

Mortgage-Backed Securities: Definition, Features, and Types

MBS is a financial tool that allows investors to obtain asset ownership without having to buy or sell mortgages...

7 min read Aug 09, 2024
Mortgage Backed Securities

What is an Acceleration Clause and How You Can Avoid It

An acceleration clause is a provision made for the lender to demand immediate and full repayment from the...

6 min read Aug 09, 2024
Acceleration clause

What is NMLS, What is Its Purpose, and How Does It Work?

NMLS is the licensing platform where every individual and corporate entities associated with mortgage industry to be registered...

5 min read Aug 09, 2024
What is NMLS
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