Discount Points
Sometimes referred to as ‘mortgage points’, are fees paid to a lender that can help…
Tag: Homeowners insurance benefits
Mortgage Lock
A mortgage lock, aka lock-in-period, is a period of time where the interest rate you’ve…
Due-on-Sale Clause
A due-on-sale clause is a stipulation in your mortgage contract that requires you to pay…
Loan Principal
The loan principal is the original amount of money you borrow from a lender when…
Loan-to-Value Ratio
Loan-to-value ratio is a calculation of how much you are trying to borrow for a…
Escrow
An escrow is a legal agreement in which a third party holds funds, paperwork, or…
Condo vs. Apartment: Which Is Best for You?
Ownership isn’t the only difference between the two scenarios. Not sure whether to buy a…
What’s the Deal With Homeowners Association Rules?
Here’s what homeowners should know about the ins and outs of the most common HOA…
31 Tenant Screening Questions You Should Be Asking
Hey landlords! Let’s explore some key questions you should be asking potential tenants. Whether you’re…
What Is Personal Liability Insurance?
Personal liability coverage financially protects you against accidental bodily injury or property damage to other…