To determine if your mortgage includes an alienation clause, which allows lenders to demand full repayment upon property transfer, review your original loan documents for "due-on-sale," "transfer of ownership," or…
A typical amortization table breaks down each loan payment into interest and principal, showing how the balance decreases over time. This guide explains how to read and use the table…
Building your dream home from the ground up is an exciting journey, but financing it can feel overwhelming. Many prospective homeowners, especially first-time buyers, wonder whether to go with a…
Appraisal waivers let qualified buyers skip traditional home appraisals, saving time and money. While convenient, waivers rely on automated data, making them ideal only for low-risk loans. Understanding why appraisals…