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Category: Mortgage Insights

Quick Guide To Credit Facilities
Mortgage & Credit

Quick Guide To Credit Facilities

There are 5 main types of credit facilities reported to the credit bureau credit cards (banking and retail store cards) line of credits which includes

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rising interest rates
Mortgage Insights

When Mortgage Rates Increase

We all know and read about when mortgage rates increase. Mortgage rates play a critical role in determining how much a borrower will have to

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Promissory Note
Mortgage Insights

Promissory Note

A promissory note is paper evidence of a debt that a borrower has agreed to owe a lender. When you sign a promissory note, you are

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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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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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income
Income

Income And Your Mortgage

Have you ever wondered what the income requirements are when applying for your mortgage approval? Whether its a refinance or a purchase it always seems

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6 Borrower Types Explained
Mortgage Insights

6 Borrower Types Explained

It’s not the borrower that’s called this type, but merely the borrower needs to be placed with a certain type of lender. We could talk

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