by Trevor Lane | Mar 28, 2010 | Mortgage Closing Costs
By including title insurance when purchasing property Jumbo Financing, Apartment Financing, Construction Loans and Mixed Use Financing; your title insurer takes on accountability for legal expenses to defend your property title, should it ever be challenged. Many...
by Trevor Lane | Mar 28, 2010 | Mortgage Programs
* Disclaimer – all information in this article is accurate as of the date this article was written * The FHA Mortgage Insurance Premium is an important part of every FHA loan. There are actually two types of Mortgage Insurance Premiums associated with FHA loans: 1. ...
by Trevor Lane | Mar 28, 2010 | Home Buying Process
Getting a new mortgage for a First-Time Home Buyer can be a little overwhelming with all of the important details, guidelines and potential speed bumps. Since there are so many rules and steps to follow, here is a simple list of Do’s and Don’ts to keep in...
by Trevor Lane | Mar 28, 2010 | Refinance Process
For homeowners interested in making some property improvements without tapping into their savings or investment accounts, the two main options are to either take out a Home Equity Line of Credit (HELOC), or do a cash-out refinance. According To Wikipedia: A home...
by Trevor Lane | Mar 28, 2010 | Refinance Process
Calculating the net benefit of refinancing can be a challenging task if you do not understand what to calculate. We are going to focus on the net benefits of refinancing from the standpoint of lowering your interest rate. Although there are several reasons to...