Talk the Talk – Know the Mortgage Lingo at Closing

March 28, 2010 by · Leave a Comment

What the heck are they talking about? Many borrowers go through the closing process in a haze, nodding, smiling, and signing through a bunch of noise that sounds like Greek. Even though you may have put your trust in your real estate and mortgage team, it helps to understand some of the terminology so that […]

Filed under Mortgage Closing Process · Tagged with , ,

Important Factors To Consider When Getting Financing On A Foreclosure, Short Sale or New Construction

March 28, 2010 by · Leave a Comment

Short sales, foreclosures and new construction homes all have caveats that need to be considered when pursuing financing. If the guidelines and potential pitfalls are not properly understood, you could face delays in closing or potentially even a denied loan. Short Sales & Foreclosures – Short sales and foreclosures are everywhere. They often represent great […]

Filed under Home Buying Process · Tagged with , , , , , ,

Top Mortgage Terms To Know

March 22, 2010 by · Leave a Comment

While most mortgage web sites offer a glossary containing hundreds of real estate and lending related terms, we wanted to highlight the top terms that most borrowers will hear several times throughout the approval and home buying process.  Understanding the “Shop Talk” between the various industry professionals that you’ve assembled on your team will hopefully […]

Filed under Mortgage Approval Process · Tagged with ,