What Does a Mortgage Payment Include?

As with most loans, a portion of the repayment goes towards the principal of the loan, which is the money that you have borrowed, and another portion goes to the interest, which is the cost of borrowing that money. A mortgage payment often includes a couple of more segments, which are taxes and insurance. Taken

5 Things To Avoid After You Apply for a Mortgage

So you’ve found a home to buy and have applied for a mortgage! Great! I know you are excited think of all the ways to decorate your new future home, but before you make any large purchases, or make any big-time life changes, consult your loan officer so they can tell you how your decisions

5 Steps to Take if You Need Forbearance Relief

2020 has been a year of unexpected hardship for a lot of people, including homeowners. Many have been faced with a need for help with their mortgages. If you find that you may be in this situation, this may help. Mortgage forbearance gives you a break or a pause in your mortgage. The Consumer Financial