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Author: Duncan Wilson

mortgage-shortfall
Buying and Selling A Property

What is a Mortgage Shortfall?

When the proceeds from the sale of the property are not enough to pay off the entire mortgage debt or closing costs, the difference between

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What is M.I.C. mortgage investment company
Mortgage Investment Corporations

What is a M.I.C.

M.I.C stands for Mortgage Investment Corporation. A M.I.C is a type of investment company that invests in mortgages. Typically, they are made up of a

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second home purchase mortgage
Mortgage Insights

The Blanket Mortgage

We are not talking about a cozy blanket in this post. However, sometimes getting a blanket mortgage can create a cozy deal. A blanket mortgage

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Builder Upgrades
Builder Mortgages

What are Builder Upgrades?

Higher quality comes at a cost. Builder upgrades occur when a borrower adds additional features or upgrades their new home above and beyond the original

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custom build homes
Builder Mortgages

What are Custom Build Homes?

Custom-built homes offer a unique opportunity for homeowners to create a living space that perfectly fits their lifestyle and personal taste. What exactly does “custom”

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Mortgage Purchasing Power
Income

Mortgage Purchasing Power

How much of a home can I afford? The answer is your mortgage purchasing power. Understanding this can help you to make more informed decisions

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