Points
Mortgage points, also known as discount points, are a type of fee that borrowers can choose to pay in order to reduce their mortgage interest rate. One mortgage point is equal to 1% of the total
Home Equity
Home equity is the difference between the value of your home and the amount you still owe on your mortgage. It is essentially the portion of your home that you own outright. For example, if your
Seller Concessions
A seller concession is a financial incentive offered by a seller to a buyer in a real estate transaction. This can take the form of a credit towards closing costs, a reduction in the purchase price,
Building Credit. The Right Way.
Credit score is an essential financial metric that lenders, landlords,
HELOCs
A Home Equity Line of Credit (HELOC) is a popular
Conventional Loans
Conventional loans are a popular type of mortgage loan that
