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 | Mortgage Closing Process
Providing proper asset documentation and the actual source of the funds is a critical element of the loan closing process. There’s nothing worse in a real estate purchase than making it all the way through the hoops and hurdles just to have a loan denied after...
by Trevor Lane | Mar 28, 2010 | Home Buying Process
Buying a new home is literally a team sport since there are so many tasks, important timelines, documents and responsibilities that all need special care and attention. Besides working with a professional team that you trust, it’s important that the individual...
by Trevor Lane | Mar 28, 2010 | Mortgage Payments
Mortgage Insurance, sometimes referred to as Private Mortgage Insurance, is required by lenders on conventional home loans if the borrower is financing more than 80% Loan-To-Value. According to Wikipedia: Private Mortgage Insurance (PMI) is insurance payable to a...
