You've probably heard about a type of mortgage with extremely low rates, known as an option-ARM. But what is an option-ARM, really? This article explains how adjustable rate mortgages work, and what to watch out for with an option-ARM.
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Posted August 15th, 2007.
Posted August 7th, 2007.
Getting a zero down home loan in Oregon is possible with two types of loans: the 80/20 combo loan (piggyback mortgage) and the 100% loan with mortgage insurance (MI). Read more about mortgage insurance, piggyback loans, and how to buy ...
Posted July 28th, 2007.
Before a mortgage broker can tell you what your mortgage rate will be, they need to know a few details. If you're shopping for a home loan, make sure you discuss these issues with your lender - credit score, prepayment ...
Posted July 26th, 2007.
Applying for (and getting) a home loan doesn't have to be traumatizing. Oregon mortgage specialist Chelsea Collier has three tips for home buyers that will lessen your stress and give you an idea of where to start on your home ...
Posted July 24th, 2007.
Wondering what home loan impounds are? Read this article. A full explanation of loan impounds, escrow, why your mortgage lender wants to pay your taxes, and more. Some lenders even require loan impounds - make sure you understand what you're ...