Articles
Articles
What Are The Advantages Of 15- And 30-Year Fixed-Rate Mortgages?
http://videotap.wistia.com/medias/n7w9e2cqq9?embedType=async&videoFoam=true&videoWidth=640 For both, as we show you in this video, compared with other options, with fixed rates, housing costs won’t be affected by interest rate changes and...
Can I Pay Off My Loan Ahead Of Schedule?
http://videotap.wistia.com/medias/dfgm2y14c7?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...
What Is Included In A Monthly Mortgage Payment?
http://videotap.wistia.com/medias/4n370s0ei5?embedType=async&videoFoam=true&videoWidth=640 The monthly mortgage payment mainly pays off principal and interest. But most lenders also include local real estate taxes homeowner's insurance, and mortgage insurance,...
How Does The Interest Rate Factor In Securing A Mortgage Loan?
http://videotap.wistia.com/medias/qufaubavl2?embedType=async&videoFoam=true&videoWidth=640 As you’ll see in the video, a lower interest rate allows you to borrow more money than a high rate with the some monthly payment. Interest rates can fluctuate as...
How Large A Down Payment Do I Need?
http://videotap.wistia.com/medias/lsv7wx5krl?embedType=async&videoFoam=true&videoWidth=640 There are mortgage options now available that only require a down payment of 5% or less of the purchase price. You’ll see some pictures in this video to help you...
What Factors Affect Mortgage Payments?
http://videotap.wistia.com/medias/8s44c3ynns?embedType=async&videoFoam=true&videoWidth=640 Well, as this story shows, the amount of the down payment the size of the mortgage loan, the interest rate the length of the repayment term and payment schedule will all...
What About A Home Located In A Flood Plain?
http://videotap.wistia.com/medias/9xrgokkyzh?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....
What Are “Home Warranties”, And Should I Consider Them?
http://videotap.wistia.com/medias/kjbawmb1jy?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...
Are There Special Mortgages For First-Time Homebuyers?
http://videotap.wistia.com/medias/mcjhi41j77?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...
What Is Earnest Money, And How Much Should I Set Aside?
http://videotap.wistia.com/medias/lsfrlskyqm?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...
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