Category Archives: Loans

Mortgage Escrow Accounts Explained

If you’re currently paying a mortgage on your home, odds are you’re paying your property taxes and homeowner’s insurance through a mortgage escrow account.  But what is a escrow account and is it really necessary? A mortgage escrow account is kind of like a forced savings account.  When you make your monthly mortgage payment, you’reContinue Reading

Questions You Should Expect from Your Mortgage Lender

To be a responsible borrower, you need to be ready to meet your commitments even before you apply for a loan, and you need to have a definite plan from the start! Two things you should do before you get started include: You should pick a mortgage lender. You should actually have enough money toContinue Reading

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