Today, 2 more things your lender won’t tell you…. 4.”Our APR Doesn’t Mean What You Think It Does.”
Today, a look at 2 more of the Things Your Lender Won’t Tell You.
Closing Activities Checklist In the weeks before closing, you
Our next several posts will discuss the various activities that must happen before you can close on a mortgage loan, and tells you what will happen at the closing meeting, including what types of documents you can expect to receive.
There is a rule of thumb that says that if you have the capacity to repay the mortgage, you can afford a single-family house that costs up to two and one-half times your annual gross income. (Annual gross income is the amount you make before taxes are deducted.) Like other rules of thumb, this one […]
The net cost of purchasing a home includes the actual purchase price, of course, but also, long term, includes the cost of financing the acquistion. The cost of the financing portion of the purchase is variable and dependent on market conditions, which are out of the control of the individual, but a good portion of […]