Understanding the 2-1 Buydown Mortgage: An Instant Interest Rate Vacation!
A 2/28 ARM offers a fixed interest rate for two years, then adjusts semiannually for 28 years, leading to potential interest rate hikes.
A Conventional Mortgage is a homebuyer’s loan from a private lender, not secured by government entities but sometimes backed by GSEs.
A delightful way to borrow for your home purchase and renovations without losing your sanity.
Discover the whimsical world of Growing-Equity Mortgages (GEMs), where the principal payment grows faster than your Aunt Edna's petunias!
A non-conforming mortgage does not meet GSE guidelines, inhibiting its sale to Fannie Mae or Freddie Mac.
An informative yet amusing look at open-end mortgages and how they can help borrowers wrangle in their financing needs.
