Tag: Mortgage

Commonly Asked Questions About FHA Home Loans
Posted on 12/17/2018
Commonly Asked Questions About FHA Home Loans
If you’ve been considering taking the next step toward homeownership, you’ve likely heard about FHA loans. Offered by the Federal Housing Administration (hence, “FHA”), these loans are great for a number of people hoping to purchase a home but who don’t have a large down payment saved. There are many misconceptions about FHA loans since they’re often advertised by...
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Should You Use An Escrow Account?
Posted on 10/15/2018
Should You Use An Escrow Account?
You may have heard the term “escrow” in your experience with real estate. You might know it’s an account, but what exactly does it do for you as a buyer? An escrow account is what your lender uses to make payments on things like property taxes, insurance, and more. The lender collects your monthly mortgage payment, and part of...
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