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Learn what you need to know about Mortgage Payments
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Components of a Mortgage Payment
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Your monthly mortgage payment is made up of several components. This housing expense is commonly referred to as "PITI" or principal, interest, taxes and insurance. PMI (see below) and homeowner's association dues may also make up a portion of your total payment. Read More...
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Getting pre-approved for your loan
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It is recommended that before you begin your house hunting you begin the loan pre-approval process. Getting pre-approved requires that a lender verify your financial information, and it serves as their commitment to lend a specified amount to you based on that information. It will give you a number of advantages. Read More...
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