Focuses on avoiding PMI with Community Seconds, but does not contain information about the legal definition of an easement appurtenant. It explains that Community Seconds are subordinate loans that can…
A chattel loan is for personal property, unlike a traditional mortgage for real estate. The blog explains how chattel mortgages work for movable assets like mobile homes or equipment, using…
Upon mortgage payoff, a Deed of Reconveyance legally removes the lender's lien in trust deed states. It's crucial for clear title. If your lender doesn’t issue or record it promptly,…
An amortization schedule details each mortgage payment's breakdown into principal and interest. It reveals that early mortgage payments go mostly toward interest due to compounding, as interest is calculated on…