How Long Does Pre-Approval for a Mortgage Last?
Introduction: Thinking of a mortgage pre-approval? Do you want to confirm your creditworthiness without having a purchase contract in place? Do you want to get your mortgage pre-approved, but you don’t have a clue about how long it lasts and what benefit it offers? Then keep on reading for details ...
Mortgage Payment: How Do You Calculate It
What is a Mortgage Payment, and How is it Calculated? Is the mortgage payment troubling you? Do you want to know how you can pay off your loan with ease and convenience? The question about "How do you calculate mortgage payments?" lingers in your mind. If yes, then you're on ...
Subprime Mortgage: What Does It Mean?
Are you buying a new house? Or getting a new car? You might have to borrow some money from the market. However, if you have recently taken big loans from the market that are partially returned or if you have any history of defaulting on any previous loans, your credit ...
Add Someone to a Mortgage: An Age-Old Query
No one knows when life can take turns. Due to this uncertainty, it's essential to make a provision to add someone to a mortgage in the future. However, many homeowners are unclear as to how to add someone to a mortgage. Most people claim that it may not be possible ...
Purchase Mortgage or a Purchase-Money Mortgage?
Did you know that there's a name for the market where loans for new home purchases are particularly handled? It is known as the purchase mortgage market. If you are about to take a step towards purchasing a new mortgage, it will be worth your time to get familiar with ...
How to Pay off a Mortgage Quickly
Introduction Mortgages might be some of the biggest loans in an individual's lifetime. They are a huge obligation that can cause financial strain on people. Imagine you get into some personal financial issues which take away your ability to make mortgage payments; what would you do? For such circumstances, you ...