Buyer

Home Title Search: Definition, Importance, and Process

Homeowners must conduct a home title search to ensure the seller has the legal right to sell the house, confirm a clear title, and uncover...

1 min readJan 31, 2025
Home Title Search

Who Is a Mortgagor and What Are Their Responsibilities?

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

5 mins readJan 31, 2025
Mortgagor

How to Successfully Refinance to Consolidate Debt?

Discover how you can refinance to consolidate debt, reduce interest rates, streamline payments, and move closer to financial...

6 mins readJan 31, 2025
How to Successfully Refinance to Consolidate Debt

FHA Gift Funds: How Do They Work?

FHA gift funds are gifts of cash or equity given by family, relatives, or employers to cover the expenses of an FHA home...

4 mins readJan 31, 2025
FHA Gift Funds

What Is a HELOC and How Is It Helpful?

Discover what a home equity line of credit is, how to qualify, and how to use it to finance home improvements or debt...

6 mins readJan 31, 2025
Home Equity Line of Credit_ Pros, Cons, and Key Considerations

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...

4 mins readJan 31, 2025
What is NMLS

What Is Mortgage Interest Deduction and How Does It Work?

The average annual payment for a 30-year fixed mortgage is $3,759 at 7.17% interest rate. However, the IRS allows homeowners to take advantage of the mortgage interest deduction. This deduction enables...

5 mins readJan 31, 2025
Mortgage interest deduction

VA Construction Loan: Know Its Eligibility, Types and Benefits

VA Construction Loan: Finance Your New Home Build. Low Rates & Streamlined Process for Veterans to build a new...

6 mins readJan 31, 2025
VA Construction Loan

Mortgage Buydown: What Is It, and Is It Worth the Money?

Find out what a mortgage buydown is, how much it costs, and why it may be beneficial for you. Learn how much you can save by buying down your...

9 mins readJan 31, 2025
What is a mortgage buydown

How Can You Benefit From the Down Payment Assistance Program?

On average, first-time home buyers in the USA need a 13% down payment. The median home price in the USA is $432,903. This means you’ll need around $55,000 for a down payment. Down Payment Assistance...

6 mins readJan 30, 2025
How Down Payment Assistance Programs Can Help You Buy a Home