How Much Will My Principal Be?

A home purchase is never an easy decision to make, especially since a lot of money is being invested. During the home buying process, the location plays a crucial part that influences the ...

When you’re choosing a place to live such as the city of Venice FL, there are a number of important questions you, as a responsible home buyer, will need to know. You’ll ...

The city capital of Washington D.C. is famous for … well … for being the capital of the United States of America. That is probably the first thing that people think about when ...

Seeing as the city of Pooler, Georgia is located in Chatham County, approximately 20 minutes away from Savannah, Georgia, it’s in close proximity to the beach. With around 24,000 ...

When you think of an alternative way of living, the limits are, quite literally, limitless. Alternative, by definition, regards a sort of out of the norm concept. Living by the norm is what ...

Finding the right place to live can be quite a struggle since you have many options, but how can you know what a city has in store for you. We would like to assure you that if you are ...

When you hear someone referring to a real estate agent type as a “general agent”, it might seem that someone is calling that agent “basic”, common. Right? But ...

Wondering what is the best noise pollution definition? You can understand both words but they seem weird together, right? Is the noise pollution definition something like noises that are ...

The interest rate adjusted for intra-year compounding. Because interest on a mortgage is calculated monthly, a 6% mortgage actually has a rate of .5% per month. If there were no principal ...

A sale price below market value, where the difference is a gift from the sellers to the buyers. Such gifts are usually between family members. Lenders will usually allow the gift to count ...

The minimum allowable ratio of down payment to sale price on any loan program. If the minimum is 10%, for example, it means that you must make a down payment of at least $10,000 on a ...

A method of selling real estate where the buyer of the property agrees to become responsible for the repayment of an existing loan on the property. Unless the lender also agrees, however, ...

A documentation option where the applicant's income is disclosed and verified but not used in qualifying the borrower. The conventional maximum ratios of expense to income are not ...

The period over which the borrower is obliged to make payments. On most mortgages, the payment period is a month but on some it is biweekly. It is not necessarily the same as the Interest ...

The upfront and/or periodic charges that the borrower pays for mortgage insurance. There are different mortgage insurance plans with differing combinations of monthly, annual, and upfront ...

A mortgage Web site that shows mortgage prices posted by participating lenders, in some cases hundreds of them. ...