One of the main benefits of buying a home is building equity. Once you have equity in your home, what do you do with it though? One option would be…

As new homebuyers are entering the current, higher-cost real estate market, they are opting to come in with less than the typical down payment of 20%. What many potential buyers…

When a buyer submits an offer for the purchase of a home using a Residential Purchase Agreement (or RPA), there is an entire section dedicated to the contingencies (this can…

Buying a new home is an exciting time that should be celebrated and enjoyed. Unfortunately, some sour apples might try to ruin this joyous milestone for you. It is important…

When qualifying for a residential mortgage, lenders are required to ensure that the borrower is able to repay the loan. The most important metric in determining this is the borrower’s…

Refinancing a mortgage from a lower interest rate to a higher interest rate is something most borrowers want to avoid whenever possible, but can be a harsh reality when a…

Mortgage recasting is a powerful financial tool that can help borrowers reduce their monthly mortgage payments. While not all mortgage loan servicers allow for recasting, the majority of conventional mortgages…

When purchasing a home one of the first questions to answer is what type of property you do want to purchase. There are a host of different types of residential…

Occupancy type is a major factor in mortgage loans. Occupancy can have a large impact on interest rates when it comes to residential mortgage loans. The type of occupancy will…

Real estate transactions involve multiple parties, such as buyers, sellers, realtors, escrow, and title companies. The cooperation from all of these parties is needed for a successful closing to occur….